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Wednesday, 03/30/2022 12:45:55 PM

Wednesday, March 30, 2022 12:45:55 PM

Post# of 113935
Impressive Q4 for VASO. Seasonally strong quarter but they earned .02/share for the quarter, with Q4 revenues up 31%. Stock looks cheap around .08 so I picked up a few shares. Can see this one climbing back to the .10-.15 range. Also like the sound of these comments from the CEO in today's earnings PR-

"The Company's balance sheet has been further strengthened after a total debt paydown of $8.1 million in 2021. In addition, deferred revenue as of December 31, 2021 was at a historical high of $25.0 million, a $7.3 million increase over the prior 12-month period. With a healthy cash position thanks to the positive cash flow of $7.8 million generated in operating activities during the year, and in light of the pandemic's recent tapering off, we remain optimistic about the Company's performance going forward,"

https://finance.yahoo.com/news/vaso-corporation-announces-financial-results-130000482.html

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