mdf Commerce Inc T.MDF

Alternate Symbol(s): MECVF

Communication Services

mdf Commerce Inc. is a Canada-based company, which enables the flow of commerce by providing a set of software-as-a-service (SaaS) solutions designed to optimize and accelerate commercial interactions between buyers and sellers. It offers procurement, ecommerce and emarketplace solutions. Its emarketplaces connect buyers and sellers across multiple industries and offer transactional platforms that are safe, secure and increase their business performance. The eprocurement solutions are designed to ensure the required flexibility to respond to the specific needs of its clients and to connect them with supplier networks across North America. The ecommerce solutions serve the needs of businesses of all sizes by providing platforms and services ranging from ERP-connected all-in-one ecommerce solutions to commerce platforms specifically built for complex commercial ecosystems. It operates in Canada, the United States, Ukraine and China.

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mdf Commerce Inc

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Post by retiredcfon Oct 03, 2021 5:31pm

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Post# 33959169

Assessment

MDF has been through years of slowing growth although the latest several quarters have shown solid growth numbers, and the next few years are projected to grow pretty significantly. We believe most of the investors' concerns or reservations are around the company's profitability. The company has not been profitable since 2018 and it is just slightly generating positive free cash flow. MDF recently acquired Periscope, which is a large company, given the size of MDF itself. It has a low debt balance and is highly liquid, but it is not expected to be profitable for at least another couple of years. If the integration with Periscope goes well, it could provide more consistent revenues for the company and bring in higher levels of profitability, which would likely reverse the momentum of the stock. The stock was highly promoted by some hedge fund managers early this year and this caused the stock to run. It looks better today at less than half its level of February.

So said the team at 5iResearch. GLTA