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[BLOG] Idea Brunch

Added to YB: 2024-01-25

Pitch date: 2024-01-25

WAVD [bullish]

WaveDancer, Inc.

+112.75%

current return

Author Info

Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life

Company Info

As of August 12, 2024, WaveDancer, Inc. was acquired by Firefly Neuroscience, Inc., in a reverse merger transaction.

Market Cap

$6.4M

Pitch Price

$4.47

Price Target

N/A

Dividend

N/A

EV/EBITDA

-5.33

P/E

-3.12

EV/Sales

0.85

Sector

IT Services

Category

special_situation

Show full summary:
Jan Svenda of MS Microcaps pitch - WaveDancer ($WAVD)

WAVD: CEO to buy legacy IT biz for $1M despite $8-10M rev, near profitability, valuable gov contracts (7yr $12M+). Implies P/S <0.2x. Removed presentation shows $100M rev potential, highlighting undervaluation in buyout deal. Notable activist opportunity.

Read full article (1 min)