Added to YB: 2024-08-01
Pitch date: 2024-07-30
NCI.V [bullish]
NTG Clarity Networks Inc.
+13.33%
current return
Author Info
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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 60.1M
Pitch Price
CAD 1.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.81
P/E
9.23
EV/Sales
0.77
Sector
Software
Category
value
NTG Clarity $NCI.V FINS Review
NCI.V: Q2 rev +96% YoY to $12.5M, net income +282% to $2.5M. YTD rev +94% to $24.25M, net income +229% to $4.5M. 18.6% net margin. On track for $50M rev, $9.3M NI. 0.72x P/S, 3.8x fwd P/E, 4.4x EV/EBITDA. Risks: 94% A/R in current assets, 95% rev from Saudi Arabia. Cash flow concerns but $6M A/R collected in July.
Read full article (4 min)