Still my #1 pick into 2019This is only the company's first "real" year and there seems to be a lot of potential for contiued growth both organically and through acquisitions. At $18M market cap there is a lot of value -
Strong proven management team focused on bottom line
Innovative proven products/services with low market penetration
Growing industry (mental health/long term care) that would benefit from VHI's products
First to market status (google "blockchain mental health" VHI is all the results)
Potential for large contracts/acquisitions to greatly increase revenues "overnight"
R&D to continue improving existing technologies and creating new software/systems
Good company culture (check out their twitter page and of that of their affiliates)
And so far in 3 Q's:
$7M Revenue ($9-$10M expected revenue for this fiscal year)
1.1M Adj EBITDA
(750k) net income (~10% of revenue, pretty good and improving)
$3M cash
Low debt ratios/strong balance sheet
As long as we continue to see a positve trend in the financials + a few more sales/acquisition announcements over the coming weeks/months VHI could definitely double from here + more.
Always do your own DD