in summary a Great Conference
Conference Call Participants Comments
Rahul Sarugaser - Raymond James Ltd. Very well done Congrats
Douglas Miehm - RBC Capital Markets Excellent
Scott McAuley - Paradigm Capital Congrats
Nicholas Cortellucci - MPartners Great to hear
Jeffrey Schacter - TD Wealth Private Investment Advice Congrats
So evry analysts are 'ultra positive'' on Opsen going forward
and the taget price revenues in the coming couple of years is stunning.
From Louis .
''' For fiscal year 2025, the vision on a consolidated basis is to achieve $100 million in sales. What would be the split between the OptoWire and the SavvyWire and the OEM business and the industrial business, we probably don't need to grow at that level at current time. But what I can say is that we think once we will be at $100 million in sales gross margin, percentage will increase. And at that time, we'll be in a great position from a cash flow standpoint
So far this year ( 9months) $ 28 271 M + $ 10 M = $ 38 M Aug (30 2022)
So a 2 to 3 years horizon to more that 2.5 time the revenues .
In my ming a very bullish view of Opsens from his CEO.
Analysts are buying the storey and so do I !
AT he current targets target price from these firms are $3.35 (Stifel), $4.00 (RBC and MPartners), $4.10 (Paradigm) and $6.00 (Raymond James).