Added to YB: 2024-09-06
Pitch date: 2024-09-05
NOW.V [neutral]
NowVertical Group Inc.
-32.35%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
Company Info
NowVertical Group Inc., together with its subsidiaries, operates as a big data, analytics, and vertical intelligence company in Canada, the United States of America, United Kingdom, Argentina, Brazil, Mexico, India, Colombia, and Egypt.
Market Cap
CAD 7.2M
Pitch Price
CAD 0.17
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.64
P/E
-2.20
EV/Sales
0.51
Sector
Software
Category
turnaround
Now Vertical $NOW.V (Upgraded) FINS Review
NOW.V (improving, but still only 2.25/5 stars): Revenue -11.6% Q2, but core biz +1.6%. GP +400bps to 53%. Opex -14.1% YTD. Cash burn -90%. Debt -$4.6M. Sub-$15M cap. CEO Acrotrend earnout raises questions. Balance sheet improved but still weak. 2.25 stars, upgraded on operational progress despite concerns.
Read full article (6 min)