Happily holding here, recent acquisitions are all paid for and cash balance back above where it was pre-acquisitions and no dilution! Not a common thing for a micro-cap!
Core ERP and recent acquisitions both performing well, hiring still ongoing, plenty of job adverts up, anecdotally suggesting they're still seeing a solid pipeline of business opportunities.
Look to be on track for revenue north of +$20m this FY (excluding any additional M&A revenue).
Noting also that this looks to be without much of a contribution from Quicta (Riyo). Still a wildcard that could start knocking things out of the park this year?
Market Cap of around 20m, and as per the update in May, could well be looking at a NPAT north of $2m next year. In my view, looks like there isn't now much blue sky priced in. Could easily see this with a $30m marketcap (SP of 10c) in the coming months.
Can't be many current microcaps with financials like, who've weathered the storm this well. GLTA holders. I will be sitting back and hopefully watching this march higher over the coming years.
all IMO, DYOR etc...
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