IEX Group notes

IEX Group notes November 2023 

Sales EUR  5 million per year

Profit per share

2021 EUR 0,16  

2022 EUR 0,29

2023 EUR 0,2 ? 

Book value was negative, now around EUR 0,10 per share

Share price = EUR 1.7 = 8.5 x Earnings 

Graham Defensive analysis next year if still profitable.