I still can’t get my head around this company, its revenue is...

I still can’t get my head around this company, its revenue is 50m a qtr with a market cap of 100m.
It has no debt and a very strong balance sheet.
Recent announcements have been good and still barely gets any activity.
The biggest issue with the SP is the lack of activity. I think I looked the other day and it only had around 30 trades.
Not sure what management can do to increase activity, maybe some marketing would help.
I still believe its very undervalued, hoping it can get some momentum and get to a fair price.