Q: Your thoughts on dipping a toe into this stock? Anything new on the positive side in the past year?
5i Research Answer:
We are very reluctant to suggest $31M market cap companies. That being said, it is cheap, it is growing, and it is now profitable. The balance sheet is OK and stock momentum is positive. Insiders own 13% and have been small buyers. It has no analysts, and thus no estimates. But revenue growth was 101% recently, and it has won some nice contracts recently. As far as microcaps go, it reads fairly well. Growth and contracts would be the main positives of 2023, and the sector outlook does look decent. Note the stock has a three-year price range of 6c to $1.04, and any holder needs to be prepared for a wild ride.