Save your dry powder
There are other stocks.
Absolutely not a recommendation, but for comparative purposes, pls read:
Gatekeeper Systems Inc. (TSXV:GSI) delivered a record-breaking fiscal Q1 2024, with 101 per cent year-over-year growth.
The Canadian provider of intelligent video and data solutions reported its financial results for the three months ending Nov. 30, 2023.
The quarter saw the company earn C$9.8 million in revenue compared to C$4.8 million a year earlier, representing an increase of 101 per cent revenue. Gatekeeper also logged C$2.3 million ($0.02 per share) net income, which compared with a total loss of C$86,000 for the same prior year.
Its gross margin was C$4.7 million, versus C$1.5 million for the same prior year comparable period, representing an increase of 209 per cent.