$Tiger Brokers(TIGR)$At $35, Little tiger is trading at a $4.9 billion valuation, which is 28x next 12 months Gross Profit.
Assuming growth decreases to 20-40% over the next few years, this implies around a 10x in revenue over the next few years. Which means an estimated price of around $60+
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Comments
waiting for them to improve their gross profit margin, which is not difficult as their gp margin is lower than industry as they are still trying to gain customers