Professional
Added to YB: 2024-12-13
Pitch date: 2024-12-12
NIXX [neutral]
Nixxy, Inc.
-72.61%
current return
Author Info
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Company Info
Nixxy, Inc. engages in telecommunications services, data infrastructure, and related platform in the United States and internationally.
Market Cap
$40.9M
Pitch Price
$5.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.90
P/E
-3.96
EV/Sales
0.31
Sector
Professional Services
Category
special_situation
Show full summary:
Nixxy, Inc. (NIXX): Rapid Developments in Spin-Off, Fundraising, and Acquisitions
NIXX (quick summary): CognoGroup spin delayed for regulatory review. $64M share offering at $3.21, equal to current market cap. JustGot2HaveIt acquisition & M&A spree targeting $10-100M rev, >40% GP margin firms. Ambitious $1B+ EV target in 3 years. Volatile but intriguing case with rapid share price movement.
Read full article (1 min)