I think the opportunity here is caused by the fact that this is a new stock with virtually no following by the wider broker community. Furthermore, there has also been no guidance from management for 2016/2017.
So most punters don't know what to make of it. And have no real idea of the recurring nature of revenues, high potential for repeat business from existing clients, or sales growth.
But it's all there if you take a look.
Revenues are growing at 50%+, (AWS side is 400+%) and current operating cashflow $2m+ in a qtr. If you spread that over a year and take away non-cash amortization charges, you can quickly see the net profit potential of this business.
Microequities are the only ones following this company, and I'm sure they will have an update soon. Will be interesting to have a read.
Stay tuned.
I think the opportunity here is caused by the fact that this is...
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