- Topicus is a serial acquirer of VMS companies, just like Constellation Software, of which it has the knowledge. It focuses more on growing acquisitions organically, though.
- The company reported strong Q4 and FY 2021 earnings, with good growth on the topline.
- Organic growth was excellent, especially in the revenue stream that is most important for the company.
- There’s a lot of noise in the income statement related to the conversion of the preferred shares. So we try to shed some light on it.
- The company deployed almost 200% of its Operating Cash Flow on acquisitions in 2021, demonstrating that M&A activity is strong.
For further details see:
Topicus.Com: Unconventional And Underfollowed With Big Potential