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Bullboard - Stock Discussion Forum Topicus.Com Inc V.TOI

Alternate Symbol(s):  TOITF

Topicus.com Inc. is a Canada-based provider of vertical market software and vertical market platforms to clients in a select group of public and private sector markets. The Company is engaged principally in the development, installation and customization of software and the provision of related professional services and support for customers across several diverse markets primarily in Europe... see more

TSXV:TOI - Post Discussion

Topicus.Com Inc > More Analysis
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Post by retiredcf on Nov 06, 2022 9:27am

More Analysis

Revenue rose 29% (3% organic) to E228.9M. Net income rose to E0.15 per share from E0.09 per share. The quarter was fairly quiet with acquisitions with only E35.7M spent on deals. Cash flow rose 29% to E10.9M. There is not much 'meat' in the release and there are no street estimates. The balance sheet remains strong and valuation has now dropped to about 5X sales. We remain comfortable, but we would temper expectations for gains in this market. (5iResearch)
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