RE:Q1 2023 resultslaurencelefou over on ceo.ca made a very good posting on Q1 results at 07:39 on May 12th. I highly suggest everyone read it.
I think one of the things we're starting to see with this company is the compounding nature of the business model. From 2019 to 2021, the company's cash flow was in total basically nothing but, since then, they've produced somewhere north of $7M in cash flow, depending on how you measure it. As the cash flow increases, it will take a bigger and bigger bite out of each future acquisition. That should, at some point, pique the interest of potential SaaS investors who want to see substantial business development, profitability, cash flow positivity and compounding established before investing. For the rest of us, it's just sit back and enjoy the ride. This could be one of those companies where the ride lasts for years, which is just peachy with me.