The problem is we do not know how much is "maintenance R & D" and how much is "growth R & D".
They have capitalised over $20m worth of intangibles on their balance sheet. Can a competitor replicate their software with $20m? I do not know, but I really doubt so.
The PE number is misleading, and cashflow multiple should be adjusted. After all that is done, I dont find compelling value. Might be on the cheap side, but not compelling.
The problem is we do not know how much is "maintenance R & D"...
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Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.393M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 164 | 7.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 63995 | 1 |
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| Last trade - 13.13pm 07/07/2025 (20 minute delay) ? |
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