PAYS formerly TPNL was trading in the cents at 43
Post# of 82670
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Posted On: 07/10/2019 7:04:10 AM
PAYS formerly TPNL was trading in the cents at 43 cents in April of 2017. Revenue reported two months ago for the quarter grew 55% and net income was up 111%. Revenue for the company in the first quarter of $7.2 million, up from $4.6 million in the same period last year. While the revenue is not as high as MOBL, the valuation is higher. Non GAAP EPS of .04. Yesterday’s closing price $15.56. Long story short is I missed this opportunity but am proud to say a former colleague of mine is involved with the company so I am happy for his success. And also, this just goes to show how much investors will pay for revenue growth as its current market cap is $734M.
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.