good numbers
decent EBITDA and good earnings.
we are now trading at 3x net earnings - annualized - based on this quarter after the stock went up to 25 pennies.
We should be trading at 4-5 times EBITDA. The current growth rate should be getting us a premium to the market. Jason and Fabrice can wear the current stock market price.
Jason for hyping the margins and Fabrice for - well whatever his motivations were - for undermining people that followed his advice.
I am interested to see the results of the new, larger, cheaper credit line going forward.
I am also interested in seeing what these guys can do with more retained earnings. 2-3 million a year in retained earnings (before the credit line impact) should be able to boost sales even further.
come on a quarter billion in sales!