Billy Kawasaki’s Insights - Billy's most-liked answers from 5i Research.
Revenue jumped 45% year-over-year to $20.3M, driven primarily by the DS Consultants acquisition and increased activity in core markets, particularly mining and military-related WaterTech projects. Gross margins fell to 28% from 33% the prior year due to a revenue mix shift, and the company posted a small quarterly net loss. Shares declined following the release, though broader markets were also weak. With a small $64M market cap, growth has been robust but margin pressure is concerning. They would prefer to see the stock regain positive momentum before considering it. Unlock Premium - Try 5i Free
Revenue jumped 45% year-over-year to $20.3M, driven primarily by the DS Consultants acquisition and increased activity in core markets, particularly mining and military-related WaterTech projects. Gross margins fell to 28% from 33% the prior year due to a revenue mix shift, and the company posted a small quarterly net loss. Shares declined following the release, though broader markets were also weak. With a small $64M market cap, growth has been robust but margin pressure is concerning. They would prefer to see the stock regain positive momentum before considering it. Unlock Premium - Try 5i Free