New Position: High Growth Industrial Compounder

Deep-dive into an emerging category leader

After meeting management at the Planet MicroCap Conference and conducting further research, the company stood out for its compelling short and long-term setup.

The C-suite is bullish on the stock (that’s usual), but is backing it by buying a significant number of shares, representing a large number relative to their net worth.

With 67% revenue growth this year and 38% EBITDA margins, the company trades at 12x EBITDA. What stands out to us is that their (extreme & non-AI) growth is durable for the coming years. In our view, its profitability is misunderstood due to the current high capital expenditure requirements.

We recommend watching this video to understand what they do in 1 min: