Added to YB: 2026-05-14
Pitch date: 2026-05-10
GSI.V [neutral]
Novanta Inc.
+14.08%
current return
Author Info
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Company Info
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally.
Market Cap
$5.7B
Pitch Price
$139.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.07
P/E
112.68
EV/Sales
5.54
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Mother's Day Earnings Recap - The Mother of all FINS Reviews - Gatekeeper Systems Inc.
GSI.V (earnings): Q2 rev +75% YoY, gross margin improved 380bps to 42.5%, but forex loss of $406k (vs $403k gain prior year) drove $315k net loss. YTD rev +23%, margins +230bps, but opex grew 25% & $900k forex hit increased net loss 177% to $1.44M. $13.8M cash burn (mostly working capital timing). Clean balance sheet, 10x current ratio. MDC count approaching 100k units. Profitability trend needs reversal despite Q2 progress ex-forex.
Read full article (3 min)