According Bloomberg, Trustpilot market cap would be almost GBP 1.1bn (250-265p per share) and it will begin trading already next week (on 23rd of March).
I personally think the valuation is lower than other subscription based US SaaS companies. Trustpilot P/S multiple would be ~15x, however, the growth is also not exceptional (appr. 20%).
It would be very interesting to see how it trades.
Began trading today
This is live, sorry for the delay yesterday which was due to pricing issues.
What are peoples thoughts on this? Just seems odd to me that a site like Trustpilot make money I get it is not a charity but if it was really good on its return that wouldn’t seem right.