Savvy Trades and Investments

[Mermelstein]

AVNW - EBITDA was nearly $5m last quarter (2nd quarter). They already guided for positive EBITDA in both the 3rd and 4th quarters, with the 4th quarter being the strongest of the year. So say $1-2m in EBITDA in q3 and $6-7m in q4. So on an annualized basis, that's nearly $15m of EBITDA, and there's reason to assume contracts are going to increase in the coming years as critical infrastructure projects get more funding.

Company is only trading for a $55m EV, and they continue to generate cash. So the stock is trading for less than 4x forward EV/EBITDA and less than 20% of sales.

There's no "devil's advocate" here. This is one of the best values in the market right now. Not sure I've ever seen an easier layup. No excuses for not owning this.