Research from Atrium Research, Atrium Research Corporation

Atrium Research

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis.

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Research from Atrium Research

Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis. 

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Equity Bottom-Up

<ul>
<li>CTEK reported Q2 revenue of $5.1M (+53% YoY) vs. our $5.0M estimate, while adjusted EBITDA came in at $1.4M (28% margin, +83% YoY) compared to our estimate of $1.6M.</li>
<li>During the quarter, CTEK delivered 20 units under the HALO international program and completed its first commercial sale into the South American Market (read our note here).</li>
<li>The remaining 40 units will be delivered over the coming quarters.</li>
</ul>


CTEK reported Q2 revenue of $5.1M (+53% YoY) vs. our $5.0M estimate, while adjusted EBITDA came in at $1.4M (28% margin, +83% YoY) compared to our estimate of $1.6M.
During the quarter, CTEK delivered 20 units under the HALO international program and completed its first commercial sale into the South American Market (read our note here).
The remaining 40 units will be delivered over the coming quarters.


CTEK: Delivering on International Order; Adj. EBITDA Up 83% YoY

Cleantek Industries

CTEK: Delivering on International Order; Adj. EBITDA Up 83% YoY