Newly issued stock, Topicus.com, is a spinoff stock that is worth a closer look. Read to learn more!
Ticker: TOI.V on the Canadian exchange, TOITF on the US exchange
TOPICUS COM INC, also known as Topicus.com, is a stock that not too many people know about since it only recently went public. Its parent company, Constellation Software, has gone up about 7000% in the past 12 years, which is another reason why Topicus.com is worth considering.
Topicus.com acquires, manages, and builds vertical market software businesses across Europe (mostly in the Netherlands). These businesses generally provide mission-critical software solutions for their customers.
Topicus.com's strategy is to focus on acquiring businesses with growth potential, while building/managing them. The company also grows organically. This strategy has allowed them to generate significant cash flows and revenue growth. Revenue has grown at about a 17-18% revenue CAGR (compounded annual growth rate) and cash flow at 35% CAGR in the past 2 years.
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