TSXV:TOI - Post Discussion
Post by
retiredcf on May 02, 2023 6:52am
Stockchase Insights
HOLD
Topicus.Com Inc.(TOI-X)
01/05/2023
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
Topicus.Com Inc (TOI) whose was up 19.3% in the period, 26.25% YTD, and 7.85 for one year.
TOI was formed by Constellation Software (CSI) giving off the assets of its Netherlands subsidiary to TOI and then dividing some 39 million of its shares among CSI shareholders.
TOI is controlled by CSI through its ownership of 1 super-voting share (gives it 50.1% of aggregate voting shares outstanding).
There is a substantial non-controlling interest in TOI such that net income for equity shareholders amounted to 17.0 euros which was up 41%; free cash flow available to shareholders at 18.6 euros was down 10%. Essentially, TOI is a subsidiary of CSI which is a large and successful software provider. TOI seems to be progressing satisfactorily.
Technology
$91.000
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