OTCPK:MECVF - Post by User
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EarningsPoweron Aug 09, 2023 9:39am
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Post# 35579248
Finally a bullish Q1 call!
Finally a bullish Q1 call!I think the call went well this morning. Sounds like there's some large contracts in the final stages of being won. "Largest province in Canada" ... "some of the largest US states"...
Luc gave a ballpark range that these types of contracts could be worth several millions.
Patience! I think shareholders will eventually be rewarded. An 80% recurring revenue business that is EBITDA profitable (and continues to sequentially improve) does not trade at 1.2 x Revenues for long.
Mercell loved MDF, and Thoma Bravo acquired Mercell for >4x revenue.
GLTA