New position I’m excited about: $SEMR

Financials:

Last couple Q's YoY Growth: 44%, 58%, 54%

QoQ Rev growth: 13%, 10%

16% FCF Margins in Q3, 22% in Q1

Rule of 40 score of 70 👀

14.7x EV/2022 GP

Insider Ownership

CEO/Co-Founder owns over 40% and the other Co-Founder/COO owns over 20%

Q3 21 Margin Profile

Gross Margin: 77%

FCF: 16% (high of 22% in Q1 21)

EBITDA: 1% (high of 5% in Q1 21)

Net: -1% (high of 4% in Q1 21)

NDRR has gone from 117% in 2020 > 116% > 121% > 124% this past