May. 19 at 1:18 PM
$TRT For those of you that haven't yet completed your due diligence, let me help you out.
$TRT revenue has seen a major boost (up 124% YoY for the Q and up 85% YTD) due to expanded semiconductor testing services, as
$AMD opened a new 209k sq. ft. AI lab and design facility in Malaysia in August. On May 4,
$TRT announced a lease for a 104k sq. ft. facility in Malaysia (33% larger than their largest facility), adding significant capacity for testing services (GPU, CPU, and EV) June 1. This facility just across the way from the new
$AMD facility, in close proximity to
$IFNNY (another customer), and it is literally across the street from a
$COHR facility (I cannot confirm they are a current customer).
Low float due to high insider ownership with
$25M of cash. On top of all of this, since March 4, they have announced
$10.3M of additional orders for burn-in and reliability solutions. Along with the soon-to-be opened 104k sq. ft. capacity, none of this has started to hit the P&L.
