Fellow investors,
In the past several weeks I have received many phone calls and emails about the recent movement in our share price. NSCI is trading near all-time highs but you may not fully understand why, so I thought I would take a moment to explain what we are doing and how we plan to build on this momentum.
Our very strong Q1 financials (revenue up 115% - full press release viewable HERE) have served as an inflection point for our company. Sean has been busy sharing this information with investors and has had great success in attracting new eyes to our story. You can view one of Sean's recent investor presentations HERE. Sean's presentation as well as the excellent Q&A in the link is indicative of what we are observing in our investor presentations since our Q1 results were released, and we are seeing increased interest from investors on both sides of the border as a result.
Sean notes in the presentation, we expect to be able to sustain this level of top-line growth throughout 2021 on a purely organic basis, which means that the momentum we are seeing now is something we believe we can build on. Luke also notes that we fully expect to be profitable and generating cashflow this year. Finally, Sean touched on his plans to execute his M&A strategy over the course of 2021 and 2022. Our existing business will be able to generate organic growth in the near-term but in order to accelerate the growth trajectory even further, we believe we need to buy several related businesses that have complimentary technologies and products that may not have been effective monetized. We hope that our continued strong financial performance combined with disciplined spending will allow us to execute several acquisitions in the short-term that we hope will add value to shareholders at least to the level that we have seen with our RS2D acquisition.
We still believe our shares are substantially undervalued based on our revenue growth and ability to organically grow these revenues over 2021 and beyond, so we are increasing our investor relations activity in order to realize full value for shareholders.
In other news...
