Basler Aktiengesellschaft engages in the development, production, and marketing of components, systems, and services for vision technology worldwide. The company operates in two segments, Basler Components and Basler Solutions. The Basler Components segment develops and sells digital camera solutions, such as area scan cameras and line scan cameras for industrial, medical, and traffic applications; and IP-cameras, including fixed cameras and fixed dome cameras for the surveillance and business intelligence tasks. The Basler Solutions segment develops and manufactures solutions for the automatic quality assurance for optical equipment in various industrial applications, such as manufacture of optical storage media, flat screens, and solar cells, as well as seal production, food sorting, and medicine industries. Basler sells its products through a direct distribution structure in the United States, Singapore, and Taiwan, as well as through independent distributors in Europe, North America, Australia, Japan, and Asia. The company was founded in 1988 and is headquartered in Ahrensburg, Germany.
Key something
Market Cap 37M EUR
Sales 57M EUR (sales increased in the last decade by 100%, maybe it's not too much but it's solid, Basler AG moves in the right direction slowly but surely)
Net Income 8.4M EUR (almost every year profitable in the last 10Y)
Quarterly Earnings Growth minus 30% (but stock is near 1Y low, I know their past so I see their future, it's not a growth stock but a value, grows slowly but strongly over time, just see the chart)
Cash 8M EUR
LT Debt 27M EUR (it will take at least 5Y or 8Y to return it, but as they are profitable it's not a problem)
Assets 59M EUR
Liabilities 34M EUR
Employees 267
Shares Outstanding 3,500,000
Free Float 1,500,000
Major Shareholders:
Founder, Chairman 51.5% (here we go)
CEO 3.8%
Investor 3% (through his private holding company bearing his name)
Resume: Over 2 decades in the machine vision market for industrial & surveillance agencies, very high quality products (just look under products on their homepage), founder owns over 50% of the company, normal low risk balance sheet and value over time, what else do you want.
