With 3 years of profit and I suspect another one coming, at a p/e of 3.5, I would say this is cheap, but that is somewhat of an understatement.
My only concern is that their intangibles are greater than their tangible assets. Other than that, it looks good to me.
I'm happy to put in a little amount and wait for the market to reassess or for the company to be worth twice as much in only 3.5 years.
:-)
fundamentals anyone following, page-21
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