RE:READING SOME OF THE POSTS TODAY..It's not about being a bad or a good thing. I do think people should try and evaluate their investment from every angle though and be cognizant of where we are at and where we hope to be. FINS weren't horrible but I'm not sure how you arrive at the conclusion that they are as good as ever. They point to increasing AI revenue which is a big deal and cannot be overstated. However, our testing revenue decreased even though management thought that they needed to issue a NR bragging about a 300% increase in testing.
My take away from Q1 was just confirmation of what many of us already know. The company needs to do more. We all want to see this stock in dollar land but the FINS confirm that we just aren't there yet and we have a long way to go. If you take the COVID revenue out and use a $10M annual run rate for AI and you apply a 5x multiplier which is generous then our SP is exactly where it should be.
Great things are on the horizon and hopefully Marshall continues to deliver. I just pray that they don't do something stupid like buy some new fangled app off of a friend for $14M and pay for it with more dilution.