RE:RE:RE:RE:RE:RE:RE:RE:RE:New research from CormarkAdditional notes:
They are generating operating free cash flow annualized at just under $20m annually or about $18.8m to be precise.
This works out to about $4-5m per quarter of free cash flow that can be used to pay down debt/ buyback shares or pay a dividend. The first priority will be debt pay down and when this happens, I will expect the share price to re-rate substantially higher.
I calculated a operating free cash flow yield of over 30% which is phenomenal.