I-Design Group Plc (LON:IDG) has £750,000 cash, with a market cap of just 2M pounds. The stockmarket gets it wrong sometimes - IDG looks to be priced to prove that point.
Today's update, [18/10/10] and other news items point the way to profits in the next 18 months. Those profits could soon come in higher than todays market cap as the company grows its sales.
IDG has the contract with All the Tesco store ATMs. Tesco ATMs hand out 12% of ALL the cash in circulation in the UK .
Established in 1991 and successfully listed on AIM in 2007, i-design is the world-leading provider of self service digital marketing and interface design solutions to the self-service industry. Our 20 years' experience enables us to seamlessly deliver more than 1 billion enhanced consumer transactions a year on behalf of our leading global banking partners. Our philosophy is to maximise the profitability of the self-service channel on behalf of network owners through the provision of innovative technologies, specialist media sales services and expert creative consultancy. The company’s flagship end-to-end advertising solution, atmAd, is proven to generate substantial new revenues for banks and is already delivering over 700 million transactions per year.