Rough Stretch....At least nobody can claim NFI as over valued compared to many US tech stocks.
When placed into CDN currency, third quarter revenue was at $1 billion, and estimates
for 2025 will be $5+ billion. Not bad, considering the market capitlization is at a meager
$1.8 billion today. Not even a 1X value, and the current debt on the books doesn't help
the situation but will quickly reduce over the next few years. The huge backlog should
produce some healthy cash flow, and maybe a return to paying out a dividend once again.
Rug 2000