$2.569 million cash!Subtract the $2.569 million cash from the market cap at $.265 per share and you have a net market cap of just $8 million. Annualize the EBITDA from the last nine months and the stock is selling at 3.64 times EBITDA. Given the current value of the Canadian dollar this should further increase significantly and the comapny also anticipates growth.
Financials:
https://www.iwgtech.com/wp-content/uploads/2015/07/FY15-Q3-IWG-Tech-FinStmts-MDA-for-website-2.pdf