Gentrack has been a value destroyer for shareholders over the past 5 years with the valuation (market cap) dropping from $650m to about $110m BUT there could be an argument that the market has overreacted to the downside

AND now the company has issued not only my favourite type of announcement but also the most powerful type of announcement there is

EARNINGS UPGRADE

Revenue $115m

EBITDA mid-to-high single digit

This could be the catalyst for a turnaround and an inflection point for Gentrack

By the way, back in 2018 when the market loved Gentrack (market cap of $650m) the company had $104.5m of revenue and EBITDA of $30m

SO if the company get get back some growth AND/OR grow their margins then there is a LOT of upside here.