Stockchase Insights
Martello Technologies Group
MTLO-X
RISKY
Jun 30, 2021
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenue grew 57% YOY despite soft results in Q4 2021 relative to expectations. A strong second half of 2022 financial year is expected. Holds $8.5M in cash. In talks with Microsoft for a deal. Continues to trade at relatively low valuation. Results were not spectacular but the stock has potential. Momentum must improve. Unlock Premium - Try 5i Free
The stock had a huge run after Bruce Linton got fired from Camopy and he wore a Martello t-shirt on TV. That was hype. This is a management bet; they don't have the revenues or cash flow yet. They need to do acquisitions to bulk. But they have some good high-tech managers and marketing people. This will bounce around and interesting at 30 cents now. Give this 10 years, but they have the ingredients for success. But be really patient. See how acquisitions affect the bottom and top line.
They deal in internet protocol and telephony. Bruce Linton coming onboard created a nice stock blip. 58% of their business comes from Mytel. They're steady-eddy with 12-15% earnings growth.
Canopy ex-CEO Bruce Linton is associated with MTLO as an investor. MTLO is a smallcap that makes software that monitors to do diagnostics of networks . MTLO is now profitable and did a recent acquisition. Watch this. This will be valued on their price-to-sales. Interesting technology.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenue grew 57% YOY despite soft results in Q4 2021 relative to expectations. A strong second half of 2022 financial year is expected. Holds $8.5M in cash. In talks with Microsoft for a deal. Continues to trade at relatively low valuation. Results were not spectacular but the stock has potential. Momentum must improve. Unlock Premium - Try 5i Free