CEO’s webcast tomorrow (Thursday 4 June) at 3:00 pm may be useful also in getting an insight as to how company is tracking along with near term priorities.
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Another excellent presentation.
Expect [revenue] 52% growth rate.
Gross margin to increase.
Net profit margin and net profit to increase.
Although they are spending more on research and development,as revenue increases the % spent is not increasing greatly.
Appear to be watching their cash carefully, and allocating capital wisely.
Our man Doug certainly presents a confident view on the future of Syft. There are a number of exciting opportunities ahead and if Syft can capitalise on them today’s 84 cents per share will be a steal. Not without risk but having done your own research you might conclude its worthy a of a place in a balanced portfolio with a weighting appropriate to your risk profile.
I note buying interest again in Syft shares.
A couple of encouraging hires lately - the company is clearly still going hard for growth. Reminds me a little of A2 5 or so years ago when they reinvested all their income back into growth, until they started spewing more cash than they could spend. Obviously very different companies, but let's hope the same happens here.