The current stats on NENG are as follows:
- Current Share Price: 1.88
- Shares Out: 39 million fully diluted
- Market Cap: 73 million
- Net Cash: 32mm
- Debt: $0
- EV (Enterprise Value or Value of company minus cash + debt): $41 million
Network Engines (Nasdaq: NENG) generates revenue from two distinct business lines, both targeting the server appliance market.
By way of introduction, a server appliance is: “a specialized server that is designed for ease of installation and maintenance. Server appliances have their hardware and software bundled in the product, so all applications are pre-installed. The appliance is plugged into an existing network and can begin working almost immediately, with little configuration. It is designed to run with little or no support.