RE:RE:$32 million in cash, cash flow positive and fast GrowthOne cannot also ignore the negative headwind that tech faced in 2022 and still lingers. Many investors were outright burned and the appetite to jump into high beta tech has yet to return.
Rates will need to fall or the bull will need to run again. But, the former is not happening this year and while the economy is possibly on course for a soft landing, risks remain.
Content to hold but not adding at this level. If it runs, thumbs up I'm a happy camper but I will not chase it.
nozzpack wrote: Givx is now in the incipient stages of exponential growth.
It has very strong gross margins of nearly 70% and is cash flow positive .
What is giving its earnings profile a negative image is the massive stock compensation costs of this past year or so.
I mean, over $8 million in the first 9 months which is totally eating up the very strong operating earnings.
So, combination of exponential growth in sales and operating earnings kept back by too excessive stock compensation benefits .
Once the latter is tightly controlled, you will see the much better and rapidly improving fundamentals .
So, an easy double from here over the next year and maybe more because at some point once $100 million in sales is reached, it will be taken over