Can you elaborate on the restriction you mention? Looks like good growth to me relative to price. If growth were higher, price would be higher too. I think this is a pretty good opportunity to take a position or add.
Revenue over the last four years has been $3.8m $7.7m $23.86m and $48.57m indicating a high rate, but not all organic. 12% growth this year is ok with me, but Im also hoping to see it accelerate. Considering most is reoccurring revenue and growing gross margins, a 3x sales multiple seems very cheap assuming they can sustain these lower levels of growth. I’m more interested in what net margins they can achieve over time.
EVS Price at posting:
15.3¢ Sentiment: Hold Disclosure: Held
