Concurrent (CCUR) has gained 12 months straight and has the best looking chart with the most momentum. It was just announced that there were 45 million online streams of the NCAA March Madness Basketball Tournament games, up 158% from last year, with 60% of them over mobile devices! CCUR will capitalize most on this!
CCUR's MediaHawk delivers video in any format, to any screen, over any network, at any time. MediaHawk multi-screen technology is now powering the multi-screen service of Virgin Media (VMED) the largest cable TV company in the UK. CCUR is powering a similar multi-screen video service for the largest cable TV company in Japan!
CCUR was the 1st company to introduce video on demand (VOD) technology 13 years ago and they currently hold a 30% market share of the VOD market with 212 VOD deployments across 4 continents, reaching a total of 50mm VOD homes!
CCUR is currently $7.19 per share with only 9.2mm shares outstanding, $24.6mm in cash, no debt, and an enterprise value of only $41.55mm or just 0.63X its revenue annualized $66.4mm! CCUR's EPS last quarter was double the previous quarter and quadruple two quarters ago. CCUR's main competitor Seachange (SEAC) is a money losing but is already trading with an enterprise value/revenue ratio of 1.81, which would make CCUR a $15 per share stock!