TINY is a small-cap investment firm focused on the technology sector (mainly venture capital investments). The company has displayed decent revenue growth in recent years until FY2023 when profitability turned negative. The founder is a protégé of Warren Buffet by applying the BRK.B’s approach to the technology field. TINY has high insider ownership of around 80%. The balance sheet has net debt of $104M. The total debt/equity is around 0.65x, a moderate leverage profile. Overall, a very interesting story here, worth putting in the watchlist and observing how the company executes over time before committing capital. It is down 44% over the past year, and can be thinly traded at times. It also has a very short (2019) public history. This makes us lean towards caution overall. But if owned we would be OK giving it some more time.
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