Disclosure: FLC is by far my largest holding.Most of us can't...

Disclosure: FLC is by far my largest holding.

Most of us can't believe the current share price, especially in light of what are pretty solid fundamentals. From the last update (Q4 2020):

FY2020 Financial Results
- Underlying EBITDA1 positive $1.4 million in FY 2020 versus an EBITDA loss of ($23.6M) in FY 2019
- Revenue of $96.5 million in FY 2020, up 58% from $61.0 million in FY 2019
- Continued reduction in operating expenses in FY 2020 to $29 million, down 28% from $40.1 million in FY 2019
- Positive operating cash flow of $33.4 million for Q4 and cash balance of $31.0 million as at 31 December 2020, up from $21.9 million as at 31 December 2019
- Q4 2020 revenue of $23.5 million, equaling Q4 2019 and up 51% from $15.6 million in Q3 2020

I truely believe that it's simply a matter of time before FLC heads upwards. I think we just need the right catalyst to bring water into the headlines. A lot of capital is moving into various hype sectors atm (bnpl, pot, ev etc.), we just need to be patient.

Keen to hear your thoughts