Ann: Q1 Sales Update - ARR above $60m, page-14

Quarterly looked reasonable to my eyes with 2M new bus. You would have to be a blatant down-ramper like Maverick1975, UmpDickieBird or Asstrotrade to not see the progress. Did a deep dive into these characters and it became obvious there is a strategic attempt to control the sentiment and dialogue surrounding EVS and HotCopper. They have managed to spin a negative narrative that has IMO influenced the SP.
Every time someone comments there is a negative post to close out.... Do your own research have a look into these 'guys'. The amount of EVS shorts have climbed in line with the down ramping....
EVS are certainly not blowing their sales targets out of the water but they are chugging along, 2M this quarter and on track to reach profitability. Water is slow and disappointing, agree.
To ignore the global liquidity crunch ATM and disregard the impact this has had on Australian SP's is ignorant.
At some point in the near future if the EVS share price stays low it will become a take over target. There was and article in the Australian this week that Bapcor ran the numbers over EVS have a look!
To all the long term share holders of EVS don't let the down rampers shake your shares lose. When the share price rerates their will be a short squeeze (especially noting the low volume).
IMO EVS is looking more healthy that ever. Breaking even, heading into profitability. The economic down turn and extremely low SP has forced EVS to cut cost and refocus towards profitability.
I have topped up significantly in the 50c range and happy hold EVS for a few years, bargain basement price IMO!!