$KLR Thread

Kaleyra is a former SPAC - $GIG GigCapital's 1st from 2019.

Kaleyra is a Communications Platform as a Service (CPaaS) company, whose competitors include Twilio and Bandwidth.

Kaleyra is also vastly undervalued compared to its peers (2019)

$KLR Financials
Revenue - Nine Months Ending 9/30/20
$103m
2020Q4 Analysts Estimate
$42.4m
1/14/2021 Market Cap (Stock Price $10.68)
$306m

Select CPaaS TTM EV/Revenue multiple 1/14/21
$TWLO - 38.3x
$BAND - 12.9x
$KLR - 2.4x (2.3x with 2020Q4E)

Kaleyra's customers include top unicorns in India
Byju - EdTech (#3)
Ola - Ridehailing (#4)
Zomato - Food Delivery (#5)
Flipkart (Walmart acquired 77% stake for $16b)

Blue chip companies
Amazon
Uber
WeChat
BNP Paribas
Hyundai

In Nov 2020, through their k-lab initiative, Kaleyra has acquired an unnamed top 5 bank in the US as a customer. They have also expanded to Latin America and Caribbean via partnership with Mastercard. https://www.businesswire.com/news/home/20201125005637/en/Kaleyra-Announces-Two-New-Agreements-with-Top-Financial-Institutions-from-k-lab-Initiatives

Kaleyra is headquartered in Milan (Lombardy region of Italy which bore the brunt of Covid-19 in 2020).
Through acquisition, Kaleyra has significant presence in India, which is bringing record number of internet users online. This bodes well for future growth from 2021 and beyond.