Q: ROOF recycles reshingles. They shred a shingle and produce 3 different products. The marketplace has a different cycle wherein they shred a shingle to produce road tar. Does ROOF have enough of a differentiator in its product line to sustain the viability of the company long term. Could you provide your opinion on this company's valuation and long term outlook for the next 3 - 5 years?
I have just become a new member; I read questions every day and I am very pleased with the information and website that you have developed. Thank you. I am a regular investor, but as a novice investor your guidance is invaluable.
I have just become a new member; I read questions every day and I am very pleased with the information and website that you have developed. Thank you. I am a regular investor, but as a novice investor your guidance is invaluable.
5i Research Answer:
Thanks for the feedback.
ROOF is on the small side and has limited revenues that aren't a whole lot higher than where they were at in 2024. The company also remains operating cash flow negative. The company also has a decent amount of debt given the size of the company. We would prefer to wait a bit on this name and give the company time to prove out the business before getting too interested.