ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

CLSU Clearstar Inc.

39.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Clearstar Inc. LSE:CLSU London Ordinary Share KYG2294M1134 ORD USD0.0001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 39.50 39.00 40.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ClearStar,Inc. Initiation of coverage by Equity Development

18/07/2017 7:01am

RNS Non-Regulatory


TIDMCLSU

ClearStar,Inc.

18 July 2017

18 July 2017

Equity Development initiation report: Booming 'gig' economy driving growth

Promising start in the US - What if it was possible to find a company, expanding at >10% pa, yet trading at a mere 1.1x EV/sales vs 2x-4x for the wider sector. We think that ClearStar deserves to trade on a rating not too dissimilar with the 'SaaS' (software as a service) sector, given its top-notch technology, low churn, recurring revenues and scalable business model. Although competing against some pretty serious players - namely First Advantage, HireRight and Sterling Talent Solutions - ClearStar is nonetheless gaining market share, and is set to achieve a maiden EBITDA profit in H2'17, and be slightly cashflow positive 12 months later.

Please click here to access the full report:

https://www.equitydevelopment.co.uk/company/?company=ClearStar+Inc&c=2UTO#

Equity Development Ltd

www.equitydevelopment.co.uk

Follow us on Twitter: @equity_research

Contact:

Hannah Crowe

Email: hannah@equitydevelopment.co.uk

Telephone: +44 20 7065 2690

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAGGUQAMUPMPGM

(END) Dow Jones Newswires

July 18, 2017 02:01 ET (06:01 GMT)

1 Year Clearstar Chart

1 Year Clearstar Chart

1 Month Clearstar Chart

1 Month Clearstar Chart

Your Recent History

Delayed Upgrade Clock