Q: your opinion on latest vqs
earnings out mon may 13.
thank you.
earnings out mon may 13.
thank you.
5i Research Answer:
Keep in mind we do not cover $11M market cap companies closely. There were no estimates. Revenue fell 1% to $9.9M. Currency negatively impacted revenues by about 1.4%. EBITDA was still a loss ($0.1M) but improved 91% from the prior year. Australia remains strong, and VQS won a new US client. But debt and negative cash remain our big concerns here, in addition to the small size of the company. It needs to be considered very hard risk and we do not think the potential outweighs the risk.