SSTI - ShotSpotter Has Limited Upside Left Unless Growth Re-Accelerates

At first sight, it isn't all that hard to make an investment case for ShotSpotter (SSTI);

• The company has what seemed to be a unique product.
• It generates SaaS recurring revenues.
• There is operational leverage.
• It is profitable and has a sound balance sheet

But there are also concerns the TAM might not be as big as management believes, and growth is tapering and likely to be further affected by the current pandemic and the worsening of state and local finances. Serious competition is also emerging.

ShotSpotter has developed a system of sensors

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