OTCPK:EUCTF - Post by User
Post by
fruitofspiriton Feb 01, 2018 9:20am
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Post# 27477907
Taken from the same research report
Taken from the same research reportFinancial Analysis Eurocontrol generated $947k in revenues for the first nine months of 2016, with an additional $1.5mm expected in earn-outs from the GFI sale. Companys balance sheet is extremely healthy, having zero debt, and supporting six years of bootstrapped operations. With a market cap of just over $13mm, the value assigned by the market to EUOs shares is out of whack. Considering that Eurocontrol has $14.3mm in liquid assets, additional guaranteed cash flows of $7.5mm in the next five years, as well as huge upside from its three business divisions, the Company should be trading at much higher levels.