Savvy Trades and Investments

[blindman28]

SPRS: Can someone who is smarter than me explain Why the stock seems so undervalued considering the bullish commentary from management and the growth they have shown over the past 2 quarters

"Growing customer demand continues to drive substantial product demand and sales volumes for both Challenge and Surge divisions."

"Sales volume visibility remains positive through year end 2022."
Current Market Cap is $20 million with cash on hand at 7.6 million. Back out the cash this means you are paying $12.4 million for a company that might be doing $60 million in revenue for the year with at least $1 million in net income per Q.

If i had $13 million and could get cash flow of $4 million per year i would buy that asset in a heartbeat. or am i missing something here?