TLGT is going to really start compounding once the approvals start to roll in.
Back in the day, there was some investor angst (even myself included for a few days) that so much was being re-invested in the R&D/Development once revenues started to ramp. In other words, some of us wanted to see the proceeds fall to the bottom line.
At the time I thought, 'Let's re-invest aggressively. It's a low tax, low frictional cost way to compound our investment in a big way.' Those deferred profits are really going to pay off in years to come. And we are only just now starting to see the first wave of approvals. The next wave is going to be compounded from the first, and so on.
Still lots of room to grow with this business. Right now we're reaping the benefits of only one niche...topicals. It's going to get much bigger in the future.
relative to the past four or five years' worth of quarters, at least.
3 cents fully diluted. They'll be saving some real money going forward due to refinancing.
Healthy backlog of a little less than 20 million.
Can we possibly expect quarter after quarter like that? That would be too good to be true....but if this year was representative & with all the uncertainties that have been resolved favorably this should be a 60 cent stock.