As of May 22, 2025, Linkfire A/S has a Discounted Cash Flow (DCF) derived fair value of $0.00 per share. With the current market price at $0.90, this represents a potential upside of -8869.5%.
| Key Metrics | Value |
|---|---|
| DCF Fair Value (5-year) | $0.00 |
| DCF Fair Value (10-year) | $0.00 |
| Potential Upside (5-year) | -7554.7% |
| Potential Upside (10-year) | -8869.5% |
| Discount Rate (WACC) | 5.3% - 6.5% |
Revenue is projected to grow from $53 million in 12-2022 to $165 million by 12-2032, representing a compound annual growth rate of approximately 12.0%.
| Fiscal Year | Revenue (USD millions) | Growth |
|---|---|---|
| 12-2022 | 53 | 56% |
| 12-2023 | 64 | 21% |
| 12-2024 | 76 | 20% |
| 12-2025 | 92 | 20% |
| 12-2026 | 101 | 10% |
| 12-2027 | 110 | 9% |
| 12-2028 | 120 | 9% |
| 12-2029 | 131 | 9% |
| 12-2030 | 143 | 9% |
| 12-2031 | 153 | 7% |
| 12-2032 | 165 | 8% |
Net profit margin is expected to improve from -133% in 12-2022 to -106% by 12-2032, driven by operational efficiency and economies of scale.
| Fiscal Year | Net Profit (USD millions) | Profit Margin |
|---|---|---|
| 12-2022 | (70) | -133% |
| 12-2023 | (77) | -121% |
| 12-2024 | (90) | -118% |
| 12-2025 | (105) | -115% |
| 12-2026 | (113) | -112% |
| 12-2027 | (120) | -109% |
| 12-2028 | (130) | -108% |
| 12-2029 | (141) | -108% |
| 12-2030 | (153) | -107% |
| 12-2031 | (163) | -107% |
| 12-2032 | (175) | -106% |
. Projected CapEx is expected to maintain at approximately 30% of revenue.
Depreciation is based on an average useful life of 5 years for capital assets.
| Fiscal Year | D&A (USD millions) |
|---|---|
| 12-2023 | 17 |
| 12-2024 | 22 |
| 12-2025 | 24 |
| 12-2026 | 25 |
| 12-2027 | 26 |
| 12-2028 | 30 |
Net working capital is expected to increase gradually, with projected changes affecting free cash flow.
| Components | Average Days |
|---|---|
| Days Receivables | 45 |
| Days Inventory | 0 |
| Days Payables | 73 |
| Fiscal Year | EBITDA | Tax | CapEx | Change in NWC | FCF |
|---|---|---|---|---|---|
| 6M/2023 | (35) | (6) | 9 | 1 | (40) |
| 2024 | (81) | (14) | 23 | 2 | (91) |
| 2025 | (95) | (16) | 27 | (2) | (104) |
| 2026 | (103) | (17) | 30 | 2 | (117) |
| 2027 | (109) | (19) | 33 | 1 | (124) |
| Valuation Method | Fair Price (USD) | Potential Upside |
|---|---|---|
| 5-Year DCF (Growth) | 0.00 | -7554.7% |
| 10-Year DCF (Growth) | 0.00 | -8869.5% |
| 5-Year DCF (EBITDA) | 0.00 | -100.0% |
| 10-Year DCF (EBITDA) | 0.00 | -100.0% |
Is Linkfire A/S (LINKFI.ST) a buy or a sell? Linkfire A/S is definitely a sell. Based on our DCF analysis, Linkfire A/S (LINKFI.ST) appears to be overvalued with upside potential of -8869.5%. The company's strong projected growth in revenue and profitability, coupled with consistent capital expenditure, supports our positive outlook on its intrinsic value.
Key investment drivers include:
Investors should consider reducing exposure at the current market price of $0.90.