Post by
mlmack on Jul 31, 2022 6:13am
Earnings out
So we're left with a high margin business, $20 million annual revenue run growing at 6% and $10+ million in cash. 26.5 million shares outstanding. I'm buying with a $1.15 minimum target, Q1 will be out at the end of the month to confirm these numbers.
Comment by
Stonksonlyup90 on Jul 31, 2022 1:33pm
Roughly $13M in cash & access to $12M in borrowing (total $25M of liquidity). They could make several acquisitions and begin to scale the business… Certainly very cheap at current prices and as they introduce leverage this will become more apparent!! Looking forward to more details at the end of August.