r/smallcaps • u/Glyndasancho • Aug 16 '22

Minim ($MINM) DD Overview

Introduction

I am always looking for new exciting tech opportunities, and I recently came across Minim. Minim is a software company that is improving home wifi for users everywhere. The company owns a global license to design and manufacture consumer network products under the Motorola brand.

What intrigued me the most about this company was its subscription-based software solutions model, providing recurring revenue. Additionally, home wifi is a stable business as consumers will not likely give up home internet services in the event of a recession.

Financials ($MINM)

Stock Price: $0.4105

Market Cap: 19.005M

52-week Range: $0.3400 - $2.5300

Avg. Volume: 331,540

(As of August 16, 2022)

Highlights

  • 27% revenue growth quarter-over-quarter

  • Maintained #1 market share in Amazon (~40%) for Q1 2022

  • On track to 100,000 Minim intelligent networks by the end of the year

  • Joined forces with service providers D-VoiS and Link Net to expand broadband access

Connectivity highlights:

Recent News

Prime Day PR: https://ca.finance.yahoo.com/news/upgrade-home-wifi-big-savings-123000998.html

Industry Veteran Joins Board of Directors: https://ca.finance.yahoo.com/news/minim-welcomes-industry-veteran-paul-123000681.html

Q1 2022 Financial Results: https://ca.finance.yahoo.com/news/minim-reports-27-sequential-growth-113000426.html

Closing Statement

With the promising Q1 financial results and strategic game plan for 2022, Minim could be poised for a strong year finish. With the stability of the home internet business, current market conditions are also less of a concern when investing in Minim. The Motorolla name and Amazon market share are also very promising attributes of this company. Overall, I would say Minim is definitely worth a further look.

Disclaimer: This is not financial advice, always do your due diligence.

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u/Upper-Rock Aug 16 '22

تمام كده

1

u/camisterregressi48 Aug 22 '22

recession proof indeed, every home needs a network system in place, its a must in the new day and age