SoftBank as an investor is known for its big bold bets on futuristic technologies. For Cubic Telecom, the Irish maker of automotive software technology, it’s a perfect buyer.  This Tuesday, we learned SoftBank is spending €473 million to acquire 51 per cent of Cubic Telecom. That values the business at €927 million or $1.002 billion, which makes Cubic Telecom Ireland’s latest unicorn. How SoftBank reached that valuation is an open question. Because it’s hard to justify based on Cubic’s 2022 accounts, the most recent ones we have. What follows is a quick run-through of Cubic’s most important financials.  The following…

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