Jul. 14 at 7:39 PM
$CMRC This is likely one of the most under valued tech stocks in the market. Its a backbone and potentially the backbone of agentic commerce. CMRC is the data. Big moat. The data has not even been monetized. They have
$51M in fcf. They have said they can produce
$20M in savings - at will on last call to be redirected to r&d. They have just started to monetize their gateway worth north of
$50M annually minimum. They have
$32B in gmv. This implies
$90M in fcf line of sight. And its
$250M cap - absurd. It will be a powerhouse of Agentic era. It can monetize in many ways. If it only adds 1.5% of
$10B during agentic boom this adds
$150M in revenue at huge margin. Percent could be way bigger if agentic shares rev - and they will have to and want to. This stock should be valued at
$1.2B -
$1.5B today easily - and after agentic starts to monetize and take gmv from large players - should be worth well north of
$5B.
