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  5. CMC: Hello, What are your thoughts on Nvei as a long term hold and what are the estimates on its next earnings, and would you know the date of the release? [Cielo Waste Solutions Corp.]
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Investment Q&A

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Q: Hello,
What are your thoughts on Nvei as a long term hold and what are the estimates on its next earnings, and would you know the date of the release? Is Square and Paypal its closest competitors? Any idea why Cielo Waste Solutions is dropping? Do you think it is due to management change? Thanks very much.

Asked by umedali on July 30, 2021
5i Research Answer:

We think NVEI looks good today, on growth, management, execution, and momentum. For the next earnings, revenues are expected to reach $197.8 million, EBITDA $85.3 million, and EPS of $0.44. NVEI reports on August 10, 2021. We would consider Square and Paypal as NVEI's closest competitors, but each one of them has its moat. 

To date, CMC has reported no revenue, has losses, and cash flow is negative. Despite this, the share price has soared as investors are expecting better things in the future. With such a small company, the least investors expect is committed leadership. The change of management brings a change in strategy and trajectory. Hence, we are seeing a sell-off. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in SQ.