BALTIMORE, MD / ACCESSWIRE / January 14, 2021 / Goldman Small Cap Research, a stock market research firm specializing in the small-cap and microcap sectors, announced today that it has published a new research report on Infinite Group, Inc. (OTC PINK:IMCI). The Company is a highly regarded cybersecurity firm set to engage in an aggressive roll-up strategy. This report carries a price target. To view the new research report, along with disclosures and disclaimers, or to download it in its entirety, please visit https://bit.ly/3qlzaCY.
Tracing its roots to 1986, IMCI has built recurring revenue for its information security-driven professional services and SaaS-based platforms. Historically a profitable cybersecurity firm, IMCI has a strong, diverse channel structure and a core of SMB to mid-sized enterprise customers. Management has launched two key initiatives primed to drive revenue and market share. In the first initiative, IMCI is filling an unmet need by productizing its suite of cybersecurity services and broadly deploying its flagship, patent-pending SaaS-based platform Nodeware®. In the second initiative, IMCI leadership has commenced an aggressive roll-up strategy to rapidly grow its customer base and gain exposure to varied segments of the cyber market.
In the Opportunity Research report, analyst Rob Goldman discusses how the new initiatives are poised to favorably impact this undervalued and underfollowed company during 2021 and beyond.
Goldman commented, "After years of remaining under the radar, IMCI is poised to emerge as one of the cybersecurity industry's fastest-growing companies. The Company benefits greatly from SME, and SMB needs to protect data and vulnerabilities from digital attacks, an industry slated to generate $289B in business in 2026. The recent high profile breaches and broad SME vulnerabilities only serve to further drive demand."
"IMCI boasts a core recurring revenue stream from services and a cutting-edge SaaS platform, which offer inherent competitive advantages over larger competitors," noted Goldman. A profitable company, IMCI has commenced the first stage of its roll-up strategy with an objective of consolidating its fragmented segment over the next few years. We believe the first acquisition could come in 1H21, driving revenue growth along with raising the Company's overall valuation."
"Even without M&A, IMCI is poised to generate enviable top-line growth. We forecast revenue could grow from an estimated $7.1M in 2020 to $12.3M in 2022, with operating income of roughly $1.5M. Our 3-6-month target is based exclusively on organic growth, and we envision seeing even higher prices later in the year, aided by M&A. Interestingly, even if IMCI were to trade today at the level of our target price today, the shares would still trade at a significant discount to its small company cyber peer group. We believe this spread may narrow as M&A is executed. Given its long history and undervalued status, we believe IMCI offers enviable upside," concluded Goldman.
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small-cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
This press release contains excerpts of our most recently published company report on Infinite Group, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Infinite Group, Inc. ("the Company"). The information includes authorized press releases or legal disclosures made in their filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets, and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, sector or industry snapshot, podcast interview, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. A Speculative Buy rating for our covered companies is defined as a company that we believe exhibits the potential to generate outsized returns despite inherent, above-average business, market, or financial risk. To download this research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research was compensated $4500 by the Company for the production and distribution of a research report, updates, and associated press releases and distribution.
Goldman Small Cap Research
Rob Goldman, Analyst
SOURCE: Goldman Small Cap Research
View source version on accesswire.com: