ASX:NXLSoftware
Nuix (ASX:NXL) Shares Ask Whether Neo Growth Justifies Premium P/E
Nuix walked into this earnings release with the stock at A$2.15 after a strong few months of gains, and the market already pricing in a premium P/E multiple. The immediate question for you is whether the latest numbers justify that optimism or whether the valuation strain starts to bite.
The headline is profit and cash. Nuix reported full year revenue of A$263.2m and net income of A$16.4m on a trailing twelve month basis, with adjusted management EBITDA of A$59.8m. That moves the story from...