@ Dasisgood - IMO it is impossible to measure BTH's value as a...

@ Dasisgood - IMO it is impossible to measure BTH's value as a P/E ratio just yet (because it is not yet profitable).

The last BTH half yearly report on 27 February 2020 showed an EBITDA loss of $1.9m.

The $3.5m figure that I mentioned in my post was a cash flow positive figure that I was hoping that they would achieve in the upcoming quarterly 4C report (due out within the next 2 weeks) - as this $3.5m CFP was approximately what they achieved in the last quarter (Jan - March 2020) 4C if you exclude the government grants.

But cash flow does not equal profits - although becoming cash flow positive is obviously a really good indicator that a company is tracking towards (or is already) profitable.

If they can continue to achieve the 30% to 40% organic growth that has been mentioned, plus they can continue to integrate the recent acquisitions well, then there is a good chance that today's price will be viewed as cheap in a year or two.

The other things in their favour is that they certainly appear to involved in an industry that might actually be helped a little by this horrible COVID 19 pandemic.

I am really hoping that the next 4C for BTH shows some consistency - as this will shore up my confidence that we are onto a long term winner.