Jun. 10 at 7:58 PM
$CHGG People are jumpy after a big run up but just remember.
1. Busuu
$48M 2025 revenue =
$150M of value on SUPER conservative valuation (3x revenue).
2.
$60M+ net cash
3.
$11M YTD data licensing deals (assume
$20M in 2025 deals total, value at 1x)
Add those up and that brings us to
$230M and this values core business at
$0.
This is a
$2.30 share price at WORST.
Ignore the noise, ride to
$2.50 and then start asking questions.