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clock Created with Sketch. 27/08/24
14:46
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Originally posted by bigblackbear:
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Great set of numbers..... slightly better than my expectations; and now throwing off Free Cash Flow of over $1.1 mil per month which will only accelerate over the next two years. My calcs are telling me that no dividend to payout, cash balance is building month by month, that we are already approaching $10mil by end of Aug. Management are constantly on the lookout for bolt-on acquisitions in all their markets, so we can look forward to further announcements over the next 6-9 months of using our cash balance for accelerating growth. Every added-on and converted site to APNR/our SPZ tech just about goes to bottom-line EBITDA, esp once a market surpasses about 100 sites.
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Fully agree. I think it's a great business. It's also doing something fairly unique with limited competition in this space. I like the future prospects, I'm waiting to see if I can get some at a good price.
(20min delay)