Post by
Torontojay on Dec 22, 2022 10:22am
Excellent results!
I am pleased that the company delivered as I had expected. These guys are the real deal. They don't disappoint with fake promises but they let the financials do the talking. This is exactly the type of company I want to own.
Comment by
dundas on Dec 22, 2022 10:33am
Needs good analyst coverage to get the word out.
Comment by
colourama on Dec 22, 2022 3:22pm
Torontojay, how does the cashflow situation look like? I haven't had time to pick apart the numbers in detail. The revenue and adjusted EBITDA numbers are a nice surprise! The current quarter run rate EV/ adjusted EBITDA is what, about 42 million /8.8 million = just under 5 times?
Comment by
Torontojay on Dec 23, 2022 10:02am
At 37 cents per share, I get an enterprise value of $37.426m and annualized ebitda run rate of $8.887 m for an Ev to forward ebitda of ~ 4.21. This is very cheap for a growth company. net debt = $16,655,410 (subtract cash of $5,124,810) market cap = $ 20,771,042.6 Ev = $37,426,452.6
Comment by
colourama on Dec 23, 2022 12:24pm
Torontojay, thanks for the corrected numbers - I forgot to subtract the cash in my estimate for EV. Seems like the quarter got a collective shrug from investors. Almost two trading days post numbers and what barely 30,000 shares volume?