Post by
laurencelefou on Feb 13, 2021 10:27am
Debt-free, profitable company
Over the past four years, recurring revenues have grown annually by 13.3% (2020 Q3 - $823,000 ; 2016Q3 - $500,000). Total revenue has increased by 3.9% (2020Q3 - $900,000 ; 2016Q3 - $772,000) and cash flows from operating activities (CFO) by 11.3% (2020Q3 - $118,000 ; 2016Q3 - $77,000).
During this period the number of shares has decreased by 229,226. The total number of shares stands at 32,003,081. Finally, the share price has grown annually by 24% ( 2021-02-21; $0.365 - 2017-02-18; $0.155) and the enterprise value has more than doubled passing from $4,869,000 to $9,811,000.
Trailing twelve month CFO is $649,000. Divide the CFO by $9,811,000 and the cash flow yield is 6.6%.
If the next four years are as good as the past four years, then by the end of 2024, the share price should double again. I am happy to own a debt-free, profitable company.
Comment by
Gabora on Mar 09, 2021 3:46pm
Hi, Bought in today. I like the business space they are in. Will hold it for the next 5 years. GLE.