Hold a small position and like the disciplined and consistent manner on how MSL operate.

Trading at 2x current sales with no debt and over 9mil in cash and profitable represents value when you consider the growth channels that lie ahead.

Can see a dividend being paid at a future point as cash flows grow .

Solid results for MSL solutions for year

Revenue to 33.9mill or up 37.6% and gross margins holding firm at 75.4%.

Nice increase to cash balance which is at 9.39 million

With six new venue announcements announced in 2022 should continue to see some organic growth in revenue in 2023 and with strong cash position option for a modest acquisition is a possibility.

Trading modestly at 1.8x sales and under 11x EBITDA with disciplined management prospects for out performance in share price remain positive for FY23 and beyond

Very positive update with a month to go in the 2022 financial year form MSL today.

Rev growth on FY21 to be up 30%-35% to 32.33.5mil

EBITDA impressively to be up 5-5.3mil or 60%plus on a year ago and

Cash on hand expected to up to 8.5-9mill or 57% plus

Disciplined approach to operations paying off with acquisitions adding to the EBITDA line.

Trading at approx 2x sales and 13x EBITDA not expensive especially in light of the growing margins

Opportunity to add more .

A dividend distribution or buy back might be on the cards over the coming 6-18months ???

Disc Held in RL not SM