Member Info for burningspear

From a poster at another place: The cashflow yield on this company is just too silly for words. The company generated £3.4m in cash from operations during the year. At a market cap of circa £11.5m the company is trading at a miserly 3.4X cashflow. That on its own should be enough to whet the appetite but there is more. The yearly figure hides the true strength of the turnaround in progress: of the £3.4m cash generated in the year a substantial £2.3m was generated in H2 alone! (H1: £1.1m) - a 100% more cash generated in H2 than H1! On an annualised basis the extrapolation from the H2 figures would imply that could generate circa £4m in cash for the year. That would make a sizeable dent in the £4.4m net debt at the year end (excluding whatever can be achieved from the sale of Inition). "We are confident that the business provides further enhanced growth opportunities, positive cash flows and shareholder value." I look forward to bolt-on acquisitions in the consulting space with the internally generated cashflow in due course.