It's a pretty interesting company, one that is seeing some nice growth.
Top line growth of 48% in the most recent fiscal year (they released on December 10th), gross profits up 37% and net income up a ton.
Year over year margins did shrink 3%, but it was a pretty solid year for the company.
It's actually rare to see a nano cap stock like this be profitable, But the company did post earnings per share of $0.04, leaving it trading at around 18 times trailing earnings.
It's even more rare that you see a nano cap stock with a solid balance sheet, no long term debt AND profitability.
It's hard not to like the company from its most recent year. I see long term usability and increasing popularity in the products. I'd just need to look a little deeper at higher level competition to see if there is other players that could take market share.
However, as we always mention, this is a nano-cap stock and is prone to higher risks. Although valuations are actually quite reasonable at 18 times trailing earnings, there is the possibility this company could have rocky earnings and in that situation, it would pose more volatility.