At $15, it had just posted Revenues of $14.5 million, Gross profit of $6.5 million, Net Income of $461,000, and Earnings of .09 (negative)
Now, when the company is clearly experiencing explosive growth, they just released these numbers - Revenues of $33.7 million, Gross profit of $15.4 million, NEt Income of $4.3 million, and Earnings of .27 (positive) ..
And the stock is trading a 1/3 of what is was trading back in 2004 ... They have a much healthier balance sheet with $32 million in cash representing $2.06 in cash and have posted back-to-back triple digit quarterly growth in revenues ...
With their newest entry into India,<<
Very good post and that just goes to show that people are not paying attention to the many bargains that now exist in the SM.