INX stock seems quite undervalued Very clean balance sheet with net cash and minimal debt. The extra costs of the Sealevel acquisition will end within a year thus more profits hitting the bottom line. Extrapolating last quarters numbers, revenue $5.4 million, earnings $0.4 million, EBITDA $0.83 million. 1* revenue = $0.85, 15* earnings = $0.94, 6 * EBITDA= $0.78. These numbers do not take into account the growth rate seen over the past year. Although it won't be as great as last year, there will be growth in 2023 according to the positive outlook supplied by management.