Added to YB: 2024-04-08
Pitch date: 2024-04-07
TR1.MC [bullish]
TIER 1 Technology, S.A.
+25.46%
current return
Author Info
An Exploration of Microcapland is a full-time microcap investor sharing investment ideas in their newsletter. Sign up for the newsletter.
Company Info
TIER 1 Technology, S.A. develops and implements software solutions to companies, and public and private entities.
Market Cap
EUR 30.8M
Pitch Price
EUR 2.39
Price Target
N/A
Dividend
0.97%
EV/EBITDA
27.31
P/E
28.61
EV/Sales
1.47
Sector
Software
Category
growth
TIER 1 Technology, S.A. - $TR1.MC
TR1.MC: Spanish IT services & software co. focused on retail. Transforming to high-margin software biz via comerzzia unified commerce platform. FY23: €21.8M rev (+19%), €3.2M EBITDA (+68%), €3.8M net cash. Trades at 6.4x EV/EBITDA despite strong comerzzia growth & margin expansion potential. Partnerships (Seidor Brazil JV, Retex Italy, €2.5B Inteum) drive intl expansion. Undemanding valuation for quality software assets & growth runway.
Read full article (9 min)