New investor here in FZO. The model is absolutely brilliant. Here's why
- market leading product + brand awareness
- management clearly growing the company both ORGANICALLY and by ACQUISITION
- Strong performance incentives to reach 10million annualised revenue by June 2019 (about DOUBLE from current)
- Sticky (annualised recurring revenues) - ARR's; once signed up there is no way a school is changing its cybersecurity hardware easily
- massive growth market. Cybersecurity is going to become a duty of care task for schools and parents and take up more and more mindshare = cap growth
With 10million ARR in the bank, high growth companies like this should command significant multiples; think Aconex/BIG... Would not be surprised to see this trading at 20-30X revenue which should be about a 2-3 bagger over the next 6 months AS LONG AS management can hit their target by June.
Catalysts over the next few months will be guidance supporting the above.
Best of luck to all holders.
Cheers
-Cali
FZO Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
