Wanted Technologies Corporation V.WAN

Profits DOUble!

[Sir_Holler]

Quarterly profits:

Q1  $117,000,
Q2  $332,000,
Q3  $372,000,
Q4 $531,333.

Profits up 98% in the fourth quarter vs. the same period last year.
Stock at 9 times annualized fourth quarter earnings, net of cash, despite doubling profits year-over-year, an exceptional growth rate, and its growing cash position.

[a4shah]

This is the beauty of cloud based SaaS service... WAN's expenses remained pretty much flat and the revenue increase is flowing straight to the bottom line. This is resulting in huge amounts of cash piling up. ROE is really healthly and shareholder equity significantly increased over the past year... ie true growth. This is they type of company Warren Buffet would love!  Hopefully, they

[martinboum]

The recurring revenue model with revenues of $2,125,294, EBITDA of $635,558 and net income of $541,333 for the fourth quarter of fiscal 2013, this would set them up for a minimum of $8,500,000 in revenues and a $2,200,000 profit even with no growth and no churn in 2014,,,  they would have over 5M in the bank account.... they seem to be printing money.