TSE:218AProfessional Services
Liberaware (TSE:218A) Stock Rebound Meets Cash Runway And Valuation Strain
Traders marked Liberaware down over the past week, with the stock falling about 16% and now closing at ¥980, yet the latest quarter tells a more complicated story. The headline is a sharp swing back into profit in Q4, with basic earnings per share at ¥27.18 after two loss making quarters and quarterly net income of ¥537.83 million. That rebound arrives against a backdrop of rich pricing on a P/S multiple of 12.2x and a cash runway reported at under a year, which keeps the long term viability...