Now they are starting to generate some cash again they should reduce the revolving note. Looks to be used like an overdraft. Some obviously offset by the amount of cash on the books.
I think DTC have turned the corner. Cash flow increasing, EBITDA margin increasing, costs down.
Pushing more products into existing customers and growing sites being managed is a good sign IMO. Deserves a re-rate.
Now they are starting to generate some cash again they should...
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