Q: When is the next quarter being reported and what is forecast,could I have your opinion on management,debt,growth and any near (3-6 months)possible catalysts to propel this stock
Thanks
Thanks
5i Research Answer:
Estimated reporting date is Aug 4; Net debt has decined nicely, and is now about $130M. This compares to $260M two years ago. EPS was 13c in 2023 and should rise to 57c this year and 70c next year, so expected growth is still very high. Management is decent enough, but not perfect. They have successfully addressed the debt concerns and are getting better at execution. Insiders own 6% and have been net buyers this year. The stock remains very cheap at 7X earnings. With its dividend, it is a fairly unique small cap tech name. Earnings will be the main catalyst. It could also do acquisitions. It did 21 acquisitions in two years but has done none since November 2022 now.