Investorideas.com - Enterprise Group (TSX: $E.TO) Q1/2018 eps $0.06 vs. Q1/2017 eps ($0.02).

Investorideas.com - Enterprise Group (TSX: $E.TO) Q1/2018 eps $0.06 vs. Q1/2017 eps ($0.02).

May 15, 2018
(Investorideas.com Newswire) Enterprise Group has experienced
almost four years of share price consolidation, following the vicious 2014 resource sector decline. The
Company is now stronger and leaner than pre-2014, and management’s aggressive
initiatives have seen the stock price rise to new 52-week highs. The Company
remained cashflow positive throughout and profitable Q3, Q4 2015 and Q1 2018.

Background Facts:

·       
Book Value $1.01

·       
Current share price $0.55

·       
No debt

·       
NCIB of 5% of E stock ongoing.

·       
$40 million in bank lines available for
funding acquisitions

·       
Q1 2018 eps
$0.06 vs. Q1 2017 eps ($0.02)

·       
Net income Q1 2018 $3.2 million versus
Q1 2017 ($50,627)

·       
Q1 2018 Revenues down 3% from Q1 2017

·       
Development of proprietary ‘Star’
inventory tracking software system will cut costs and significantly enhance revenues.