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 has seen its stock price decline in the past month since announcing license agreements with two major NAND memory makers</li>
<li>This could have put too much emphasis on the semiconductor side of the business even though it is purely additive to the business model</li>
<li>The expected year over year decline in first quarter 2023 revenue is related to one-time license payment last year</li>
</ul>


ADEA has seen its stock price decline in the past month since announcing license agreements with two major NAND memory makers
This could have put too much emphasis on the semiconductor side of the business even though it is purely additive to the business model
The expected year over year decline in first quarter 2023 revenue is related to one-time license payment last year


Adeia

ADEA: Preview to Free Cash Flow