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Novra Technologies Inc V.NVI

Alternate Symbol(s):  NVRVF

Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software and services. Its products include hardware and software tailored for advanced applications in key vertical markets: video, radio, and data distribution, digital cinema and digital signage. Its areas of expertise and added value include encryption, next-generation hybrid networks (satellite/terrestrial/cloud) and efficient bandwidth utilization. It also provides products and solutions for the IP datacasting, IPTV and digital signage markets. It specializes in the transmission and reception of IP traffic over satellite, cable and terrestrial communication links. Its products include S401-DVB-S2X; S400-DVB-S2; S300V-Video; S300CA-Conditional Access; S300N-NOAAPORT; S300E-EUMETSAT; S300D, and others.


TSXV:NVI - Post by User

Comment by Ciaoon May 02, 2023 2:25pm
108 Views
Post# 35425659

RE:Great Q4

RE:Great Q4MDA is a good read.

They would have been net income positive if not for the amortization resulting from Wegner acquisition, that has now been all accounted for.

Cost savings from right sizing of facilities will result in annual savings of $400K.

"Beginings of 2023" section shows some optimism and coupled with the U.S. DoD order, Q1 and 2023 could be interesting if they can show significant revenue growth as the cost savings program should further help the bottom line. Interesting valuation at <.4X sales and on the verge of profitability (for the year) after a solid Q4.
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