Let's not forget that revenue increased by 42% in the 2014 calendar year, when compared to 2013 calendar year. There are contracts already in place locally, that can be quite lucrative.
The company is profitable - EBITDA increased by 13% and on a calendar prior year comparison.
This is before all the bells and whistles and the international investment has even happened. They also spent some coin acquiring DLA Environmental Services Pty Ltd. Cash flow was still positive from an operating point of view.
A lot of time and money has been spent developing Envirosuite 2.0 since July last year - it seems as if management has house in order and is now ready to go.
The company is making money and has a ridiculously low market cap when compared to peers that aren't making a dollar.
Smoke signals definetly being shown with today's announcement. Good bounce off 11.5 today also, shows strength.
Think this could be one of the few that genuinely re-rates the remainder of this calendar year.
Good luck.
Let's not forget that revenue increased by 42% in the 2014...
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