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Op2mst

05/02/23 11:11 AM

#45545 RE: quigley24 #45544

IQST Undervalued @$0.10 w/$100 Million In Rev

The company reported $95 million in revenue for 2022 with a $105 million forecast that does not include the potential from acquisitions.

Gross margins are low, but improving and the company is developing high margin products that can sell to the existing customer base.

I think its undervalued on book value and future value. I don't know about $10 PPS, but I do think it should be in the dollars not the pennies.

It's a tough market, but the market always get's better. IQST management seems to have the grit to hang in there and weather the existing market. I think IQST will shine when the market turns.
Bullish
Bullish