$NOW DD and Q3 financials If you're looking to profit off of the data industry I would highly recommend checking out NowVertical Group ( $NOW.V $NOWVF).
$NOW is a Big Data analytics company that interprets and provides data insights to their clients many of whom are Fortune 500 companies as well as and government customers.
This company scales its current industry verticals while having an M&A strategy that focuses on profitable data analytics software companies in data-rich and under-utilized industries.
Most of $NOW's revenue is reoccurring and the fragmented market that $NOW operates in allows for growth from M&A with the ability to maintain targeted margins.
The Q3 financials that $NOW released earlier this month were really promising showing:
- Q3 revenues and adjusted revenues were $957,708 up, 25% compared to Q3 2020
- Gross profit for Q3 was $801,903, up 16%
- and on a full-year pro forma basis, including the Company's recent acquisitions of Affinio, $NOW's acquisition strategy has grown revenues from zero to approximately $7.1 million since Sept. 2020
$NOW is in the green today trading at $0.99/share, MC $50.636M
https://ir.nowvertical.com/news/news-details/2021/NowVertical-Group-Reports-Third-Quarter-2021-Results-and-Other-Recent-Developments/default.aspx