About ILA CEO: Gary Yeoman ( from Altus group)
He served as a Consultant at iLOOKABOUT. Mr. Yeoman served as the Chief Executive Officer of Altus Group Limited from 2005 to 2011.
During his term as Chief Executive Officer, he led Altus through a seven-year growth period during which it increased revenues from $75 million to approximately $325 million and he also reorganized, re-focused and directed the business expansion
from 15 Canadian offices to over 65 offices with business in 64 countries, orchestrating the acquisition of 25 companies located in six different continents at an approximate capital cost of $250 million. Mr. Yeoman is a seasoned real estate professional with several years of experience in the professional real estate consulting industry.
1) 2017 Revenue of 10M+
2) Cash of 7.5M in the bank
3) Healthy EBITDA of 20%+
4) 85M shares out basic, 4M in options & warrants
5) Management owns 45%; 2 close groups own also 20%+
6) Current supply is from Ex-CEO & his group
7) Top notch management, with Gary Yeoman as a CEO (a realestate guru)
8) Buy back of 5.7M shares now approved by TSXV
9) Valued at 16Mcap (EV of 8M - less than 1X last year's revenue)
10) Scalable business w improving margins
Insider and company buying:
When a CEO of a Company in this case ILA, who prior to this transaction owned 7M+ shares, buys 400,000$ worth of stock at the recent high, it’s definitely very bullish.