TruGolf Positioned For Multi-Year Growth From Subscription Revenue And Franchise Potential: Analyst
TruGolf Positioned For Multi-Year Growth From Subscription Revenue And Franchise Potential: Analyst
Given the following, Aarde projects strong multi-year growth that will unlock significant operating leverage.Maxim Group analyst Jack Vander Aarde initiated coverage on TruGolf Holdings, Inc. (NASDAQ:TRUG) with a price forecast of $2.
Maxim Group的分析師Jack Vander Aarde對TruGolf Holdings, Inc. (納斯達克:TRUG)進行了覆蓋，價格預測爲$2。
TruGolf Holdings, formed from a business merger in the first quarter of 2024, has become a public company focused on golf technology and esports platforms.
TruGolf Holdings於2024年第一季度通過業務合併成立，已成爲一家專注於高爾夫科技和電子競技平台的上市公司。
The company aims to elevate its position in the market with an entirely revamped product suite and an aggressive franchise expansion model.
該公司旨在通過全新改版的產品系列和激進的特許經營擴展模式提升其市場地位。
Given the following, Aarde projects strong multi-year growth that will unlock significant operating leverage.
鑑於以下情況，Aarde預計強勁的多年度增長將釋放顯著的經營槓桿。
This growth is anticipated to be driven by the rollout of next-generation paid software subscriptions, a significant hardware replacement sales cycle from its existing installed base, and substantial growth from an accelerated rollout of new domestic franchise centers, the analyst notes.
該增長預計將由下一代付費軟件訂閱的推出、針對現有安裝基礎的大規模硬件更換銷售週期以及加速推出新的國內特許經營中心所帶來的可觀增長推動，分析師指出。
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另請閱讀：美國GDP修正爲3.1%，失業救濟申請降幅超預期，國債收益率創7個月新高
The company may also see the potential for accelerated growth in the longer term through international franchise expansion, the analyst forecasts.
分析師預測，隨着國際特許經營擴展，公司的長期增長潛力也將加速。
Since announcing its National Franchise model and collaboration with Franchise Well in the first half of 2024, TruGolf has already secured commitments for 120 U.S. franchise locations, which represents a potential revenue of over $24 million for bundled hardware and equipment.
自2024年上半年宣佈其全國特許經營模式和與Franchise Well的合作以來，TruGolf已經獲得了120個美國特許經營地點的承諾，這代表着捆綁硬件和設備可帶來超過2400萬美元的潛在營業收入。
Going ahead, Aarde projects this number to more than double within the next 12 months.
展望未來，Aarde預計這一數值在接下來的12個月內將超過翻倍。
The analyst projects accelerating revenue growth, with an expected increase of 9% year-over-year in 2024, 20% year-over-year in 2025, and 30% year-over-year in 2026.
分析師預計營業收入將加速增長，2024年預計同比增長9%，2025年同比增長20%，2026年同比增長30%。
Aarde also sees nearly breakeven EBITDA in 2024, followed by positive EBITDA and free cash flow by 2025.
Aarde還預計2024年EBITDA幾乎持平，隨後在2025年實現正EBITDA和自由現金流。
For the long term, the analyst forecasts a 10-year revenue compound annual growth rate of 20% and EBITDA margins of 20%.
從長期來看，分析師預測10年營業收入複合年增長率爲20%，EBITDA利潤率爲20%。
TruGolf ended the third quarter of 2024 with $7.5 million in cash. The analyst suggests that its capital is sufficient to support existing operations for at least 12 months.
TruGolf在2024年第三季度結束時現金爲750萬美元。分析師建議其資本足以支持現有運營至少12個月。
However, TruGolf may explore strategic growth capital opportunities to accelerate its franchise expansion, Aarde notes.
然而，Aarde指出，TruGolf可能會探索戰略性增長資本機會，以加速其特許經營擴張。
Price Action: TRUG shares are trading higher by 19.7% to $0.4423 at last check Thursday.
價格動態：截至週四最後檢查，TRUG股票上漲19.7%，報0.4423美元。
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Photo via Shutterstock.
圖片來自shutterstock。
