So given the projected revenue, loss in cash expected, products and technology, how much is MODN worth? the market cap is only 177 million.
If they give us the projections for net income for the net five years, I can give you a valuation. Right now, at $20M projected loss for 2014 if sustained for the next 5 years will result in using up all the cash and consequently BK.
My guess is 3 x Revenues + Cash. 80M x 3 + 100M = $340M, or almost $14 per share.
Their SaaS and Maintenance revenues are around $50M per year.
That alone brings their takeover value close to $400M.
We shall See,