PCT Ltd (PCTL)

[NextGenCapCG]

One of the reasons I love this company most is that once they get profitable, they will likely stay that way. PCTL's revenue is partly project dependent, but it is also largely based on monthly recurring service payments. As such, unlike many project based companies, their revenues should stay stable month to month which bodes well for price stability and sustainability.

Even if this company doesn't make a single sale in a month, they will still get paid on their other deals. As they continue to make sales (which they will), they will continue to grow this recurring base. If they go a month or two without a sale that doesn't automatically mean the company will have to dilute or take on debt as long as the recurring revenue can support the operations until they make additional sales.

The revenue streams that can be generated here are insane. SHMP should take a look at this model and run the business the same way. License the tech out. Retain ownership over the IP etc., and get those recurring payments.