Added to YB: 2024-07-24
Pitch date: 2024-07-22
IQ.V [bullish]
AirIQ Inc.
+28.57%
current return
Author Info
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Company Info
AirIQ Inc. provides IoT based asset management solutions in North America. The company offers fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options, including a fully integrated video telematics camera solution, and a battery powered solution for non-powered assets.
Market Cap
CAD 15.7M
Pitch Price
CAD 0.42
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.85
P/E
72.41
EV/Sales
2.36
Sector
Software
Category
value
AirIQ $IQ.V (3.75/5)
AirIQ (IQ.V): Strong balance sheet (6.75 current ratio, $3.1M cash, no debt). 9.2% rev growth, 80% recurring. 60.8% gross margin, 16% net margin. $1.65M OCF (+54% YoY). 29.5M float, 38% insider owned. Recent acquisitions add 13% recurring rev. Cheap at 2x P/S, 6x EV/EBITDA vs peers. Risks: slow growth history, weak H2 2023. Potential value play.
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