Trending @Wipro; Wipro pays $375 Million for a company that makes ~$300 Million per year

Consolidated revenue of Harman for the last 3 completed years (for the period ended 31 December): USD 315.0 Mn (CY22); USD 308.2 Mn (CY23) and USD 314.5 Mn (CY24). For CY24, ~85% of revenue from
services and ~15% from product. I think they overpaid.