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>DNG reported Q4 financial results that were mixed relative to our expectations due to lower grades and annual maintenance at its plant.</li>
<li>Q4 revenue was $73.1M compared to our estimate of $60.0M and Q4 OCF (before WC) was $2.8M compared to our estimate of $4.3M.</li>
<li>DNG solidified another great year, supporting its long-term growth CAGRs of ~10%.</li>
</ul>


DNG reported Q4 financial results that were mixed relative to our expectations due to lower grades and annual maintenance at its plant.
Q4 revenue was $73.1M compared to our estimate of $60.0M and Q4 OCF (before WC) was $2.8M compared to our estimate of $4.3M.
DNG solidified another great year, supporting its long-term growth CAGRs of ~10%.


DNG: Closing Off a Record Year; Set Up for Growth Acceleration

Dynacor Group

DNG: Closing Off a Record Year; Set Up for Growth Acceleration