In the past 2 years they have had 2.3 - 2.5 mill rev from envirosuite, with 100% growth in the past year (800k to 1.5mil). They expect to make their previous 5 years in the next 12 months. I make that value about 3 mil conservatively for 2018 fy.
In my opinion, 2018 full Revenue of 3 million, 9ish million cash with a loss for 2018 but that will be the end of it. Cash flow positive in 2019 with sustained growth.
Current mc of 14 million..... Market has priced zilch potential into this. It deserves better.
Throw in a big fish the size of thames and we will be ready to boogie.
Been holding for a while through some ups and downs but I am very happy with my investment now.
Also, ballieau Holst valued the Sass @ 10 - 12 million. Putting us at a share price of at least 11c
I know I'm a holder and biased to this doing well but if you think this is not currently valued correctly I'd like to hear your thoughts. Imo most of the shackles have been removed and this company is ready for serious growth.
All imo and good luck to all holders.
EVS Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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