Added to YB: 2024-10-21
Pitch date: 2024-10-20
TLA.V [bullish]
Titan Logix Corp.
-28.38%
current return
Author Info
Company Info
Titan Logix Corp. develops, manufactures, and markets technology fluid management solutions in Canada, the United States, and internationally.
Market Cap
CAD 14.2M
Pitch Price
CAD 0.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.88
P/E
-13.21
EV/Sales
0.68
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Ahead of the herd: Spotting a Transformation into a Growth Company early
TLA.V: Tiny Canadian microcap (CA$20M cap, EV CA$7.6M, 60% mkt cap in net cash) making mobile liquid overfill sensors for O&G trucks. New CEO Forbes pivoting into 10x-larger fuel market (5 units/truck) + in-house SaaS via paid pilots. Targets CA$2.6M EBITDA by 2027. Downside protected by cash + ~CA$1M legacy FCF. Risk: expansion fails, dead money. Zucker trust owns 37%.
Read full article (7 min)