Stock price when the opinion was issued
Sales rose 40% to $19.6M. EBITDA rose 80% to $5.6M. Net income was $6.1M vs $3.9M last year. Cash flow was $5.2M, with cash at $16.5M. North America and Europe were highlight areas. Costs rose slower than sales so margins improved. We would consider these results very good and with the gain in market cap and valuation we can see why the stock is doing very well this year.
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Sales rose 40% to $19.6M. EBITDA rose 80% to $5.6M. Net income was $6.1M vs $3.9M last year. Cash flow was $5.2M, with cash at $16.5M. North America and Europe were highlight areas. Costs rose slower than sales so margins improved. We would consider these results very good and with the gain in market cap and valuation we can see why the stock is doing very well this year.
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