RE:RE:RE:New Press Release - High Arctic Announces 2024 Third Quarter Results I like what I see. Investing in the business and looking for opportunities.
Generated $640k of fund flow from operations - there is that $2.6M per year. This should grow as they invest in the business (and rationalize SG&A)! Should generate steady positive cash flow/EBITDA with growth potential.
Cash of $4.1M at the end of the Q.. time to go shopping and execute on the strategy.
EV of $14.6m here. Dirt cheap IMO