Galvanic Applied Sciences (v.GAV)
Posted: Thursday Jul 26 7:56:32AM 2012
GAV.v what is impressive is the stock chart. This is the only small oil services stock that I've seen that's gone up since Spring. LEA.v is posting nice results but is acting poorly. DAL.v is also doing well in the field but not on the Venture. FRC.to, my favorite fracking stock has grown to be pretty big but the stock has sold off hard. The stock charts shows that GAV.v is up over 120% in the past year while the others I mentioned are all down near 50%!
I thought their gas measurement equipment would suffer with gas drilling dropping off the map but the expansion to the US appears to have helped them grow sales and profits.
Congrats to GAV.v holders!!!!!
Posted: Monday Jul 23 4:55:17PM 2012
Today, Galvanic Applied Sciences (GAV.v) released its year end results which showed earnings of $ 3,529,937 (0.22 / share) as compared to $993,843 (0.06 / share) from the previous year...up 255% year over year.
What is impressive, is the consistent growth in earnings shown in each of the quarters over the past year.
Q4 $807,746 (0.05 / share) vs $199,839 (0.01 / share)
Q3 $997,000 (0.06 / share) vs $102,000 (0.01 / share)
Q2 $963,000 (0.06 / share) vs $307,000 (0.02 / share)
Q1 $762,000 (0.05 / share) vs $265,000 (0.02 / share)
On top of the impressive revenue and earnings growth is the treasury that continues to grow, and currently sits with $ 8,138,000 or 0.52 / share in cash.
It's also worth mentioning that insiders continue to hold approximately 68% of the company's shares.
GAV.v closed at 0.94 today, a mere 4.27 X those trailing earngs mentioned above.
Have a good evening.