TEK CAPITAL - The Investment case..21 Dec 2020 09:35
Morning all, Can't believe a company so well run and with so much going for it, is going way under the radar for most.
Current market cap - £13m
Shares in issue - 93m
2019 results highlights...
Total revenue including fair value gains $7.7m
Profit after tax $5.5m
Net assets $22.5m
Compound Annual Growth Rate of Net Assets 90%
Return on Assets (ROA) 28%
Return on invested capital (ROIC)24% PA Since floatation in 2014
Percentage of costs covered by service revenues = 55%
Net assets
2016 - $3.1m
2017 - $10.7m
2018 - $16.1m
2019 - $22.5m
2020 - $ ??????
Portfolio companies..
Salarios 91.7% ownership - Microsalt. Owns patented technology for the production of micro salt which reduces the needs for salt by 50% but no reduction in flavour. Potential market - £Billions.
https://saltme.com
www.salarius.co
Lucyd 100% ownership - Smart tech eye wear, patents owned, new product line launches Dec30th. Potential market - £Billions
https://www.lucyd.co
Guident 100% Ownership - World-class software solutions for improving the safety, control and benefit of Autonomous Vehicles.
Potential market - According to Allied Market Research, "the autonomous vehicle market is expected to reach $556 billion by 2026 with a CAGR of 39%. Contactless or "touch-free" delivery is in high demand due to the COVID 19 pandemic. Guident believes this increased demand will accelerate the roll-out of land-based delivery drones for food and medicines to improve their availability and reduce the costs of these deliveries.
Another huge move for Guident, This alone could be worth an absolute fortune.
Recently acquired new regenerative shock absorber technology, IP extends the driving range of electric vehicles.
This technology received the R&D 100 Award by R&D Magazine, for one of the 100 most significant technology innovations of the year from around the world.
https://guident.co
Belluscura - 18.9% Ownership - Patented portable oxygen concentrator program. Currently with FDA awaiting approval.
www.belluscura.com
Sometime in the market, you don't need a crystal ball. You just need an opportunity like TEK. GLA