Key Highlights

• Dominant Platform with Deep Moats: CargoWise serves 10,000+ customers across 180+ countries with 95%+ retention rates, high switching costs, and regulatory compliance expertise that competitors would take years to replicate.
• Valuation Reset Creates Entry Opportunity: Trading at 3.4x revenue and 9-10x EBITDA well below historical levels of 6-8x revenue, DCF analysis suggests 25-35% discount to intrinsic value with fair value estimated at $45-55 per share.
• Growth Has Moderated Sharply: Revenue growth has slowed from pandemic-era highs of 30-40% to 8-12% annually, disappointing investors and triggering a significant de-rating from peak prices near $50.
• International…