Water another dud Q Half the news sales are in Project work The margin expansion story based on Saas rev in the Water biz has failed. Loss making hardware/software biz with no margin expansion on horizon and only growing ARR at 12% and still at +$100m market cap and 2x EV/Sales multiple is not a compelling story. The Carbon emission product is the only interesting angle here and hope to attract interest. Existing instos must be getting very stale
EVS Price at posting:
8.9¢ Sentiment: None Disclosure: Not Held
