Trustpilot - TRST - Share Chat

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.

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What are peoples thoughts on this? Just seems odd to me that a site like Trustpilot make money :joy: I get it is not a charity but if it was really good on its return that wouldn’t seem right.

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Our latest community AMA will be with Trustpilot tomorrow!

Drop your questions on this new thread: