Quick Value #233 - Cheap TechCo
"Left for Dead" tech co at 9x FCF, net cash, and share cannibal mentality
Today’s idea:
Small-cap “left for dead” technology company
Growing business (expecting 6% 2024 growth)
Share cannibal — repurchased 20%+ of shares since 2017
Shares are cheap at <6x EBITDA and <9x FCF with net cash
Subscribe below for access to all Quick Value posts. As a reminder, premium posts mostly cover “top of the pile” ideas that are generally microcaps or special situations.
