Q: Can I get your thoughts on the latest qtr. Would WOLF be a specualtive buy in your opinion???
5i Research Answer:
WOLF has no analysts and thus no estimates. Net income was $0.75M, up from $0.58M last year. Revenue rose to $9.5M from $7.2M. EBITDA was $2.2M versus $1.4M. Revenue and EBITDA were at record levels. Sales are up 51% YTD. There is some softness in veterinary visits. Debt is still very much on the high side, and its small size adds more risk, but the quarter itself was very solid. It is a bit too small for us to give it a strong endorsement.