SA News • Thu, Oct. 16
Attractive Entry Point As Biomerica Returns To Growth And Is Still Trading Cheap
- Biomerica has been profitable eleven of the last fourteen quarters, has fairly regularly generated positive cash flow, and maintains a solid balance sheet.
- Revenue growth had recently softened due to switch in Asian distributors but is bouncing back as new distributor gains traction.
- We see several catalysts to drive revenue into fiscal 2015.
- BMRA continues to trade very cheap at barely higher than book value. We see this as an attractive entry point.
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Thu, Oct. 16, 10:00 AM
Tue, Sep. 2, 3:28 PM
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