eResearch

Electronic Brain - The Second Wave of the AI Chip Boom

A Way to Invest in the Second Wave of the AI Chip Boom

November 7, 2023 Lorimer Wilson

Nvidia’s stock surge underscores the AI chip industry’s evolution, with a pivot towards specialized AI applications. This shift highlights the importance of Electronic Design Automation (EDA) software in developing custom AI chips. As the EDA market anticipates robust growth, companies like Synopsys and Cadence emerge as key players. Investors are eyeing valuation metrics closely, as these tools become critical in assessing the burgeoning sector’s financial health and growth potential. [more]

Are NVIDIA’s Long-term Prospects Mediocre At Best?

November 4, 2023 Lorimer Wilson

NVIDIA has cemented its status as a leader in AI technology, with a 208% YTD stock price increase and a market cap surpassing $1 trillion. Its innovative CPUs and GPUs has positioned it at the forefront of AI chip design, evidenced by its quantum computing advancements and the cuQuantum toolkit. However, the Company’s success story is shadowed by the historical volatility of market leaders and looming competition. With a forward PE ratio of 45.4 and an EV/EBITDA of 38.2, NVIDIA’s valuation metrics reflect a market betting heavily on its continued dominance in AI, despite the inherent risks of overvaluation and aggressive competition. [more]

NEW INDUSTRY REPORT – Roll-Up Strategies in the Canadian ICT Industry

October 31, 2023 Chris Thompson

We have written a 22-page Industry Report on “Roll-Up Strategies in the Canadian ICT Industry; Your Guide to Understanding and Investing in M&A-Focused Public Companies”. In this report, we provide a brief overview of the ICT industry and 11 companies in Canada that are executing an M&A roll-up strategy as part of their core business strategy. The report also highlights Ciscom Corp. (CSE: CISC), Canadian-based holding company that executes a M&A roll-up strategy focused on solutions and related services in the ICT industry. [more]

VIDEO: Chris Thompson of eResearch talks about EQ’s Q3 Financial Results and Recently Launched Retail Insights Product

December 10, 2022 Chris Thompson

In this short video, Chris Thompson of eResearch talks about EQ’s Q3 financial results and recently launched retail insights product. The 13-page Equity Research Report covers an in-depth analysis of the company, a detailed overview of its Q3/2022 financial results, and a review of its new retail insights product called “Clearlake” which was launched in beta with clients. [more]

UPDATE REPORT – EQ Inc. – Challenging Quarter Overshadows Recently Launched Retail Insights Product

December 5, 2022 Chris Thompson

EQ released its Q3/2022 financials and reported revenue of $2.1 million, down from $3.1 million in Q3/2021, and lower than our estimate of $3.5 million. The decline was primarily due to clients delaying certain advertising campaigns into 2023. However, it continued to roll out its retail data insights tool to customers which we believe should positively impact revenue, Gross Margins, and EBITDA in 2023. [more]

NEW UPDATE REPORT – EQ – Strongest Q1 in a Decade with Revenue Up 55% Y/Y Sets the Stage for Continued Revenue Growth in 2022

June 23, 2022 Chris Thompson

EQ recorded its highest Q1 revenue since 2012, with $2.7 million booked in Q1/2022, up 55% Y/Y, but slightly below our estimate of $3.0 million. Revenue dropped Q/Q due to seasonality as Q1 is traditionally the lowest revenue quarter of the year. Data business continued to grow and was 22% higher Y/Y. [more]

NEW UPDATE REPORT – EQ Quarterly Results Highest in Over a Decade with Revenue Up 36% Q/Q

May 9, 2022 Chris Thompson

EQ recorded its highest quarterly revenue since 2010, with $4.2 million booked in Q4/2021, up 36% Q/Q and 16% Y/Y, but below our estimate of $5.0 million due to the negative effects caused by the COVID-19 pandemic, which continued to impact the retail operations of various businesses. [more]

InvestorIntel Video – Tracy Weslosky Interviews Chris Thompson about eResearch’s Update Report on EQ Works

October 12, 2021 Chris Thompson

In this short video, Tracy Weslosky of InvestorIntel interviews Chris Thompson of eResearch about eResearch’s Update Report on EQ Works pertaining to the Company’s recent release of its Q2/2021 financial results that had revenue increases 71% Q/Q and 74% Y/Y. [more]

EQ – Quarterly Results Improve as Revenue Increases 71% Q/Q and 74% Y/Y

September 22, 2021 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]

mCloud Releases Q2/21 Financial Results with Quarterly Revenue Up 44% Year-over-Year

August 20, 2021 Chris Thompson

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]