Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Inventronics Ltd V.IVX

Inventronics Limited is a Canada-based company. The Company designs and manufactures protective enclosures and related products for the telecommunications, electric transmission, cable, energy and other industries in North America. Its products are found in telecommunication networks, electric power distribution networks, cable television networks and traffic control systems in both outdoor and... see more

TSXV:IVX - Post Discussion

Inventronics Ltd > IVX.V Due Diligence Report. Earnings equal to current MC
View:
Post by Roddiggiti on Nov 26, 2020 7:21pm

IVX.V Due Diligence Report. Earnings equal to current MC

Inventronics Limited Due Diligence Report. All information can be found at www.sedar.com

Symbol: IVX.V
Price: $0.16
Common Shares: 4,405,145
Insider Holdings: 70% or 3,083,602 - Held under numbered corporation
Available Retail Float: 1,321,543
Warrants/Options: 333,000 at $0.12

Most Recent Financials Results. Filed November 26th 2020, Quarter Ending

Year Revenue Profit/(-Loss) Assets Liabilities Earnings Per Share
2016 $3,830,000 -$283,000 $3,268,000 $2,939,000 -0.064
2017 $4,480,000 $81,000 $2,338,000 $2,818,000 0.018
2018 $4,616,000 $16,000 $3,637,000 $3,211,000 0.004
2019 $5,656,000 $195,000 $3,292,000 $2,671,000 0.044
2020(Q1-Q3) $4,685,000 $699,000 $3,967,000 $2,645,000 0.159
 
Company website: https://www.inventronics.com/

Company information: Founded in 1970 in Brandon, Manitoba, Canada, Inventronics designs, manufactures and markets protective enclosures for use in utility-type infrastructures. The Corporation’s products are typically found in telecommunication networks, cable television networks, electric power distribution networks and oil and gas installations where they are utilized in both outdoor and indoor applications to house and protect passive and/or active electrical and electronic components. Although the Corporation’s products have been primarily placed in service throughout North America, it is common to find Inventronics enclosures in other international infrastructures as well. The majority of Inventronics' revenues are generated from the sale of standard products which are sold directly to utilities, original equipment manufacturers and/or through distributors. For customers with special requirements, the Corporation designs and manufactures products to suit the customer's particular needs. This can range from the modification of an existing Inventronics cabinet to the design and manufacture of a custom enclosure.
Comment by Roddiggiti on Nov 27, 2020 9:45am
Nice open today, but the company is still trading at less than 2X yearly earnings. Fair price right now would be 65-70 cents for a junior EPS multiple. $45,000 is 1 cent earnings, so imagine how fast IVX can grow. There's only 1.3 million retail shares, so it can get to that fair trading range sooner than later.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >
{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities