KGI Securities analyst Joel Ng believes valuations for Audience Analytics, which launched its initial public offer (IPO) on Sept 14, are “attractive given its growth profile”.


See also: Audience Analytics launches IPO of 26 mil shares at 30 cents apiece; seeks listing on Catalist board


In a research note dated Sept 22, Ng points out that Audience Analytics' IPO price of 30 cents implies that the company will trade at 17.2 times FY2020 earnings and have a market capitalisation of around $50.5 million. 

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