Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 1/5

Sohn: Recruiter.com trades at 2x revenue on $20M run rate

Evan Sohn · Recruiter.com $20m ARR at $40m Market Cap: Most Under-Priced Public SaaS Ever? · Nov 4, 2021 · at 10:12

Evan Sohn, CEO of Recruiter.com, calculates the company's valuation multiple at its $40M market cap.

0:00 / 0:05exact quote · 5.0s

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“So if we're doing, you know, if we're doing a twenty million dollar run rate now on revenue, we're only trading two times revenue.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Recruiter.com is trading at two times revenue on a $20 million revenue run rate.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

On November 4, 2021, then-CEO Evan Sohn stated that Recruiter.com (NASDAQ: RCRT) was trading at two times revenue on a $20 million revenue run rate. SEC filings and financial disclosures confirm both legs of this statement. For Q2 2021, Recruiter.com reported revenue of $4.4 million (an annualized run rate of $17.6 million), while Q3 2021 (reported November 15, 2021) reached $6.26 million (an annualized run rate of $25.0 million), making a ~$20 million revenue run rate an accurate characterization of the company's run rate in early November 2021. Furthermore, with approximately 14.56 million common shares outstanding and share prices trading in the ~$2.65 to ~$3.01 range in late 2021, the company's market capitalization was approximately $38.6 million to $43.8 million, directly matching a ~2x valuation multiple on a ~$20 million run rate.

Recruiter.com reported Q2 2021 revenue of $4.4 million ($17.6 million annualized run rate) and Q3 2021 revenue of $6.26 million ($25.0 million annualized run rate), framing a ~$20 million run rate as of November 2021.
SEC filings show approximately 14.56 million shares outstanding in late 2021, yielding an implied market capitalization of roughly $38.6 million to $43.8 million across the prevailing share price range ($2.65 to $3.01), representing ~2x revenue.

Checked against

[1] proactiveinvestors.co.uk [2] newswire.com [3] newswire.com [4] recruiter.com [5] sec.gov [6] recruiter.com [7] recruiter.com [8] sec.gov

"Recruiter.com Group, Inc." "10-Q" "September 30, 2021" "shares of common stock" "Recruiter.com" "RCRT" market cap "November 4, 2021" OR "November 2021" Recruiter.com Q3 2021 revenue 10-Q OR press release November 2021 Recruiter com revenue run rate 20 million 2021 "Recruiter.com Group" "three months ended September 30, 2021" revenue "Recruiter.com Group" "14,558,920" OR "shares of common stock" "November 2021" "Recruiter.com Group" "RCRT" "closing price" "2021" "November" OR "October" OR "December" "Recruiter.com Group" "shares outstanding" "November 2021" OR "September 30, 2021" 10-Q "Recruiter.com" "Nixxy" ticker change "Evan Sohn" "Nixxy" OR "Recruiter.com" 2024 OR 2025 OR 2026

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Recruiter.com

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Assertion Supported

Sohn: Recruiter.com has reached a $20M annualized revenue run rate

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Assertion Not checkable as stated

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Sohn: Recruiter.com trades at 2x revenue on $20M run rate

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