Inflection Point Looks like latst quarter maybe an inflection point for profitability.
Record revenues of 12,1 Mfor the company including right for use of 3.1M had a tremendous effect on profitability.
Hard to believe the market capitalization of 30 Millions when the company just made 2M of profit in one quarter. Great free cashflow and meaningful ebitda generation also.
If this is sustainable and we will know in January when they report Q3 the stock should rerate at a 2-3X multiple of sales or a market PE multiple of 18X..
Time will tell , even is the stock is trading at 52 week high it's never been thatt cheap.
good luck to all long term patient investors !