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Bullboard - Stock Discussion Forum Novra Technologies Inc V.NVI

Alternate Symbol(s):  NVRVF

Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems, and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software, and services. Its products include hardware and software tailored for advanced applications in key vertical... see more

TSXV:NVI - Post Discussion

Novra Technologies Inc > Hidden value
View:
Post by mlmack66 on May 01, 2024 7:58am

Hidden value

It's always good to look under the financials for hidden value in companies. One that stands out is undervalued real estate on the books which I don't think applies here. The other is tax credits. Novra currently has $5.0 million in federal and provincial unutilized investment tax credits as well loss carried forwards of $12.9 million. These amounts could be very attractive to a potential buyer. I'm not an accountant, anyone out there have any expertise they could share on these assets that might attract a potential buyer.
Comment by Ciao on May 01, 2024 8:41am
Do they own their mfg facilities?
Comment by mlmack66 on May 01, 2024 1:59pm
Doesn't look like it from the financials.
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