Nice to see a long term investor joining the growth phase of the Artisan business. With distribution of dividend, VTG still have $24M cash in hand to support it growth and expand its business . After restriction of COVID-19 lifted since January, the Artisan clinics are have full booking lined up for next 3 months, my guess is revenue for Jan-March quarter will be around $20M which is approximately 80% growth from previous quarter and the business starts to deliver net profit. With almost no debt to the business, the current Market Capital and its share price suggests VTG is significantly undervalued.
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