@Longnose Thank you for sharing TBTC. I have not done any kind of deep analysis, but I just want to ask.
What do you think of the declining revenues since Q12022? Revenues have had some cyclicality over the years, so maybe this is par for the course? There was a similar pattern in 2012 to 2017, then again from 2018 to 2022. Do you feel revenues are growing from more and more business or simply keeping up with inflation? Revenues have trended upwards for 10 years though.
NI also is generally positive, but sometimes negative. Fortunately most of the big jumps are positive NI with small losses.
A strong spot - debt is being paid down while cash increases.
Care to share anymore thoughts on the company?
Do you think the product from TBTC is superior to their competitors? Why do casinos pick this over their competitors? Why hasn't a competitor just acquired this?
Thank you