I tend to disagree. Cv1 has $12mil in cash with zero debt. Also revenue of 30mil with nearly cash flow positive last financial year. Finance and numbers are solid and they won’t need CR for a long time unless they acquire some company. However, they are very slow and have no exciting plans for future to make shareholders to be excited about investing. We will sit where we are in the next one year and management getting paid their salaries by announcing quarterly report and updated share buy back every now and then.
Ann: CV1 automated biometric identity, page-7
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Mkt cap ! $47.69M | |||
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