yesterday Titan reported FY2016 Q3
How much is Titan Machinery worth?
Titan has a Market cap over $200 million.
The company for 9 months ending Oct 31,2015
Sales were $1 Billion and net income was $1.2 million
Not a very good business model and in my opinion a company that is worth less than $100 million. (under $5)
Cash declined from January 31,2015 to October 31,2015 from $127 million to $78 million.
Sales for 9 months fell compared to 9 months a year ago from $1.4 Billion to $1 Billion
In 9 months FY 2015 when the company reported $1.4 billion in sales, net income for those 9months was $2.2 million.
titan still has not filed their 10Q
any questions or comments are welcomed.