Alpine 4 Holdings Inc (ALPP)

[Renegades17]

Cash flow

To close the loop on a discussion from yesterday, if you follow this link, you'll see confirmation for the cash flow numbers I provided yesterday (and have provided numerous times in the past). If you still aren't convinced, do the math yourself (you'll have to refer to the preceding quarter's 10-Q to compute the current quarter's cash flow). In summary, the company has done almost $0.01 per share in cash flow from operations in the past two quarters. If you annualize the last two quarters, it's almost $0.02 per share and that doesn't factor in organic growth and the incremental business ALPP will get from Deluxe (looks like they picked up ~ $1.3mm in revenue from Deluxe in the roughly two months that they owned it in Q4, but I'll need to see the 10-K to confirm).

On a valuation basis, ALPP is trading at ~7x run-rate (using last two quarters) cash flow, which is very cheap IMO.

https://finance.yahoo.com/quote/ALPP/cash-flow?p=ALPP