Q: ZOMD's share price has exploded upwards in the past month, aided considerably by blow out Q1 earnings late last week. Its market cap has also doubled to more than $100M so perhaps it's time for an analyst or two to sit up and take notice. Appreciate your views as always.
5i Research Answer:
Yes, you think analysts would take note of a 1,888% return over one year (31% this year so far). But to be fair, it was just a 5-cent stock a year ago. There are no estimates of couse, but sales rose 108% in the quarter to US$18.2M. EBITDA rose 4-fold to $5.2M. Net income soared to $4.8M. Cash flow was $3.3M. EPS was 7c. Business was good in all of the company's segments and there was no major sector or geographic standout: things were good across the board. Cost control was also good. Insiders own 27% here and with a debt free balance sheet ($18M cash) things are looking very good here.