Q: What are your thoughts on their June 6th report?
Seems the revenue is up and can't hurt getting the Florida Panthers contract.
Thanks and Happy Canada Day
Paul
Seems the revenue is up and can't hurt getting the Florida Panthers contract.
Thanks and Happy Canada Day
Paul
5i Research Answer:
The Panthers is a nice marquee contract win, but the revenue base here is still quite low vs its $148M market valuation. Still, growth is solid: revenue in the Q3 rose to $4.7M from $0.9M. Margins remain good at 60%. Bookings rose 90% to $9.5M. The Madison Square Garden equity interest is certainly a positive. Still, losses and negative cash flow continue, but are shrinking. The technology is getting attention. The stock is down 28% in a year, and is getting more interesting overall for highly aggressive small cap investors.