BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

ADEA: Free Cash Flowing to Debt Reduction

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>ADEA reported first quarter results highlighting the Company’s ability to generate free cash flow from its licensing business as it signed more contract renewals in the period</li>
<li>After signing ten license agreements in the fourth quarter of 2022, ADEA signed another eight agreements in the first quarter.</li>
<li>ADEA maintained its full year outlook on all metrics. ADEA is projecting adjusted EBITDA of $262M at midpoint. ADEA is applying its free cash flow to reducing its debt balance</li>
</ul>


ADEA reported first quarter results highlighting the Company’s ability to generate free cash flow from its licensing business as it signed more contract renewals in the period
After signing ten license agreements in the fourth quarter of 2022, ADEA signed another eight agreements in the first quarter.
ADEA maintained its full year outlook on all metrics. ADEA is projecting adjusted EBITDA of $262M at midpoint. ADEA is applying its free cash flow to reducing its debt balance


Adeia

ADEA: Adios to Debt