TSX:BYL - Post Discussion
Post by
Possibleidiot01 on Dec 01, 2023 11:12pm
Trevor Rose's Insights -DON"T BUY
It doesn't take a genius to analyze the company and come up with this comment IMO.
DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research BYL has struggled year-to-date down ~55% as well as down 37% in the last three months. Revenues have declined this year along with weak margins, while continuing to operate at a net loss. The balance sheet is not particularly great either with cash of only $4.3M and a high net debt of $38M. Cash from operations has also gone negative in the recent two quarters. Fundamentally, BYL is very weak as it stands, and we would be comfortable moving on from it. Small caps are due for a rebound, but BYL has struggled with declining revenues and the high debt level does not entice us.
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