Earnings are out - Growth everywhere - Tremendous discountThis is a rare gem up for grab still available on the markets. Nothing trade yet after the release and the results are great.
- 13% growth in total revenues and recurring revenues (99% os sales) YoY
- 20%+ growth in Operating income YoY
- 28%+ growth in total assets and Equity YoY
The company now has
7M$+ in cash, in which 6M+ is invested in GIC earnings 4-5%/year
with 0 debt. It's basically making close to
1.7M$ in cash flow a year with virtually
no CapEx. This should be worth north of 1.50$ with theses numbers, but as is it often the case with canadian microcaps, nobody seems to care.
One day patient investors should be rewarded as this is extremely illiquid. If money starts going into the stock, it will be like pouring a pitcher into a shotglass.