Post by
Hopped on Nov 02, 2021 7:32pm
A true success
Hats off to Management. From where they were 4-5 years ago to now is so impressive. I don't even know where to start with these results. They've steadily grown organically and through some really nice acquisistions and this is where they are at today. They've diversified so nicely which has paid serious dividends (pun intended!) at present but will provide them with a safety net in the future by spreading their service offerings across different sectors. LodgeLink which is BDI own tech startup just did 10.1 fricken millon dollars in gross bookings for the quarter. The valuation for LodgeLink as a potential acquistion target or continued revenue generator just keeps getting better and better.
Best of all, BDI's debt dropped by $12M!!!
Incredible.
Comment by
Norwood66 on Nov 02, 2021 7:37pm
Agreed. Everything about this quarter is great. THey have made a lot of progress since their last acquisition - it really proved to be worth it! LL is going to be worth more than their physical business one of these days!