Subject: Smallcap Discoveries: Weekly Update April 12th to 16th

Smallcap Discoveries:

Weekly Update April 12th to 16th
Smallcap Discoveries Select Portfolio

Medexus Pharmaceuticals (MDP-TSX.V) Price - $7.30 Market Cap - $139M
AirIQ (IQ-TSX.V) Price - $0.265 Market Cap - $8M
RIWI (RIWI-TSX.V) Price - $1.76 Market Cap - $32M
  • RIWI Ranked as an Americas' 500 Fastest Growing Company by the Financial Times; RIWI Announces CEO Search for Next Stage of Growth, with Founder to Remain as Board Chair after Search is Completed
  • Press Release https://tinyurl.com/2jp93a2y
Atlas Engineered Products (AEP-TSX.V) Price - $0.30 Market Cap - $17M
  • Atlas Engineered Products Reports 2020 Year End Financial and Operating Results and Record Fourth Quarter Revenues
  • Q4 Revenue of $11M
  • Q4 Gross profit of $2.19M
  • Q4 Net income of $351K
  • FY Revenue of $35.7M
  • FY Gross profit of $7.29M
  • FY EBITDA of $3.72M
  • FY Net income of $229K
  • Press Release https://tinyurl.com/ym8tzvjt
Renoworks (RW-TSX.V) Price - $0.445 Market Cap - $16M
  • Renoworks Announces Record Fourth Quarter and Fiscal Year 2020 Financial Results
  • Q4 Revenue of $1.26M
  • Q4 Gross margins of 66%
  • Q4 Adjusted EBITDA loss of ($22K)
  • Q4 Net loss of ($69K)
  • FY Revenue of $5.13M
  • FY Gross margins of 67%
  • FY Adjusted EBITDA of $356K
  • FY Net income of $123K
  • Press Release https://tinyurl.com/2vs8n73s
Smallcap Discoveries Select Watchlist

Gatekeeper Systems (GSI-TSX.V) Price - $0.85 Market Cap - $76M
Urbanimmersive (UI-TSX.V) Price - $0.215 Market Cap - $31M
Inventronics (IVX-TSX.V) Price - $0.42 Market Cap - $1.85M
  • Inventronics Announces 2020 Year End Financial Results
  • Q4 Revenue of $955K
  • Q4 EBITDA of $41K
  • Q4 Net loss of ($-15K)
  • FY Revenue of $5.64M
  • FY Net income of $684K
  • EPS of $0.155
  • Press Release https://tinyurl.com/6mpz9n6p
Legend Power Systems (LPS-TSX.V) Price - $0.88 Market Cap - $90M
Destiny Media Technologies (DSY-TSX.V) Price - $2.60 Market Cap - $27.5M
  • Destiny Media Technologies Inc. Announces Second Quarter Fiscal Year 2021 Results
  • Q2 Revenue of $930K
  • Q2 Gross margin of $838K
  • Q2 Net income of ($29K)
  • Press Release https://tinyurl.com/cjytrdvy
Innovotech (IOT-TSX.V) Price - $0.16 Market Cap - $6M
Rocky Mountain Liquor (RUM-TSX.V) Price - $0.17 Market Cap - $8M
  • RUM Releases 2020 Consolidated Financials Including 119% Increase in EBITDA to $2.4 Million
  • Q4 Revenue of $11.5M
  • Q4 EBITDA of $359K
  • Q4 Net income of $134K
  • FY Revenue of $48.4M
  • FY EBITDA of $2.4M
  • FY Net income of $1.5M
  • Press Release https://tinyurl.com/n8mafvzs
Appulse (APL-TSX.V) Price - $0.355 Market Cap - $5M
Imaflex Inc (IFX-TSX.V) Price - $1.28 Market Cap - $64M
  • Imaflex Reports Strong Q4 and FY 2020 Results and Provides Business Update
  • Q4 Revenue of $21.9M
  • Q4 Gross margins of 20.6%
  • Q4 EBITDA of $2.8M
  • Q4 Net income $1.7M
  • FY Revenue of $86.7M
  • FY Gross margins of 19.1%
  • FY EBITDA of $12.3M
  • FY Net income $6.3M
  • Press Release https://tinyurl.com/2mkjhvrm
RediShred Capital (KUT-TSX.V) Price - $0.67 Market Cap - $53M
  • Redishred Capital Corp. (“Redishred”) Announces Q4 and Fiscal 2020 Results Highlighting: 90% and 18% Growth in Consolidated EBITDA in Q4 and Fiscal 2020, Respectively
  • Q4 Revenue of $6.1M
  • Q4 EBITDA of $1.1M
  • Q4 Operating income of $212K
  • FY Revenue of $25.4M
  • FY EBITDA of $5.9M
  • FY Net income of $279K
  • Press Release https://tinyurl.com/jv32crw
Thermal Energy International (TMG-TSX.V) Price - $0.255 Market Cap - $41.5M
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