Great result as expected. It also reflects the quality of management here. Good growth in all products, in all markets. Expanding margins above my expectations. Big US tailwinds for FY22 as well
The new water product is going to be a huge boost by the sounds of it and a major cornerstone deal is imminent.
Good communication from management as well.
Report reads well. Solid balance sheet, ebitda now positive. No further raises for working capital.
It is trading on 3x ARR. This is for a wel established high growth software company in a rapidly expanding green sector market.
I can see 20c share price in the short term, which I said last week before the result announcement. It could well run past this on hype but fundamentally I think it is worth 20c as a base.
do your own research. not advice.
Good luck all holders
EVS Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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