Replies to post #16221 on Labor Smart Inc (LTNC)

[sobe4life]

Well..... Thank you for asking....

I guess we can conveniently forget that this is a start-up growth company with less than 3 years of operating history showing triple digit growth.

We should stop analyzing Labor SMART as though it was an established company showing no growth and losses. We should also STOP pretending that the majority of the losses are monetary losses when in fact they are non-cash "paper" losses.

That being said, the things that look most promising for LTNC are as follows:

Triple digit growth since inception

Over $2 million in cash assets

114% growth from 14 to 30 branches in the last 12 months

Gross Profit Margins (GPM's) increasing from 15% to 23% over last 12 months

Positive EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization

Labor SMART has already hit its 2013 revenues of $16 million in the first 8 months of this year.

With the stock at its 52 week low this situation is obviously undervalued and a great buy in this range.



JMHO