math tells the storyas at june 11, 2024 company had 72 mil in cash. It used 48 mil to buy back shares. At the annual meeting they said that they will recoup morre than 48 mil ie replenish all the cash they used to buy back the shares
In other words they will generate free cash flow of 48 mill in 6 months. This company is a cash generator and will continue to be for the next few years. Huge moat and huge demand.