Intellicheck (IDN), mcap=$49m, price $2.61 vs $2.12

– Global provider of digital identity services.
– Operating hiccups did not merit a 75% recent price decline.
– Pieces in place to grow revenues by several multiples.
– Multibagger return over a few years.

– In a conservative scenario with 18% growth, IDN would reach $23m of normalized revenue.
– At 2.5x multiple that’s $3.43/share.
– If growth accelerates to 35%+, IDN turns into a cash flow machine with expected significant re-rating.

Exp. gain: +60% to $3.43 in three years. Multibagger over longer periods.

Full $IDN write-up (free guest account required):

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