To grow revenue at 50%, while still maintaining positive EBITDA...

To grow revenue at 50%, while still maintaining positive EBITDA is pretty amassing. I’ve always felt that the right strategy for this business is to grow market presence and revenue until someone takes the business out at multiples. A small profitable operation isn’t going to be bought out. Being a home grown business I’d Alaskan like to see it stay listed and independent but that just doesn’t happen in the beer segment.

We have to remember it’s in rapid growth mode and we should be proud of the ongoing successful rollout off new projects year after year that all fit with the strategic vision.

it isn’t hard to stop the growth initiatives, cut back costs and have a big profit emerge. But that won’t drive the big payout long term.

What I’m watching is whether this fairly effective management and operations team stay together and keep coming up with great growth plans and executing on them successfully.

in a time of contracting consumer spending a business like this will always struggle to attract share price / fund manager support but in the end the growth will be rewarded.

the small industrial sector is all getting smashed this year.

my two cents.