Articles by Chris Thompson

Although, EQ reported that its revenue continued to be negatively impacted by the COVID-19 pandemic, revenue for Q2/2021, was $3.0 million, an increase of 74% when compared to $1.7 million in the same quarter a year ago, and slightly higher than our estimate of $2.98 million. [more]

Revenue was down 20% year-over-year as COVID-19 sales bump eases. Moovly’s sales for the quarter were $0.30 million, a decrease of 20%, compared to $0.37 million in the same quarter a year ago, and lower than our estimate of $0.70 million. We are lowering our sales estimates and target price but still believe there are large revenue opportunities with Enterprise clients and Marketing agencies. [more]

In this short video, Tracy Weslosky of InvestorIntel interviews Chris Thompson of eResearch about eResearch’s 41-page Initiating Coverage Report on DCM. [more]

The cannabis company, Leafly Holdings has announced to go public in a SPAC deal with Merida Merger Corp. I, a company sponsored by Merida Capital Holdings. The deal is expected to raise up to $161.5M in cash and should help Leafly expand its business in newly legalized markets. [more]

WOW! recorded revenue of $18.8 million, up 25% from the previous quarter, and its fourth consecutive quarter of positive EBITDA. As of June 30, 2021, it had a backlog of $77.5 million with another $3.3 million of contracts signed after the quarter-end. The Board of Directors continues to analyze ways to maximize shareholder value as the Company is trading at only 0.9x EV/LTM Revenue, well below its peers. [more]

Lightning eMotors, a leading supplier of specialty commercial electric vehicles for fleets, signed an $850 million strategic partnership deal with Forest River, a Berkshire Hathaway company and North America’s largest shuttle bus manufacturer. With this deal, Lightning eMotors plans to deploy up to 7,500 zero-emission shuttle buses in the UK and Canada by 2025. [more]

Dole, an Ireland-based agricultural company, made its return to NYSE. The IPO marked the completion of Dole and Total Produce merger with the newly formed company, Dole plc, becoming the largest fresh producer in the world. [more]

mCloud Technologies, a leading AI-powered physical asset management solution provider, announced financial results for the second quarter ended June 30, 2021. Revenues increased by 44% compared to Q2/2020 and added 1,019 new connected assets to its managed portfolio. [more]