Added to YB: 2024-12-06
Pitch date: 2024-12-04
NCI.V [bullish]
NTG Clarity Networks Inc.
+13.29%
current return
Author Info
No bio for this author
Company Info
NTG Clarity Networks Inc., together with its subsidiaries, provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman.
Market Cap
CAD 76.9M
Pitch Price
CAD 1.58
Price Target
4.00 (+113%)
Dividend
N/A
EV/EBITDA
7.00
P/E
12.17
EV/Sales
1.16
Sector
Software
Category
growth
$NCI.V NTG Clarity Networks
NCI.V: IT services co. in Saudi Arabia riding Vision 2030 wave. Rev $47M, EBITDA $9M. 46% insider owned. Backlog surge to $100M+. Forecasting $70-80M rev, $0.25 EPS in 2025; $100M+ rev in 2026. Egypt offshore advantage: Arabic-speaking, cheap labor. Risks: Saudi concentration, Q4 margin pressure, weak FCF. PT $2.6-2.7 (2025), $3.8-4.0 (2026).
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