Sep. 9 at 11:36 AM
Bought into these two, so I'm sharing why...
$TAYD — Taylor Devices
FY2026 revenue actually fell about 10%, which is why the stock isn't being driven by explosive headline growth right now. But backlog nearly doubled from
$27.1M to a record
$52.8M, with 92% tied to aerospace/defense. So revenue growth is coming. Profitable with a strong balance sheet.
Setup resembles: Astronics/
$MPTI before backlog converted into accelerating revenue.
$ELMT — Elmet Group
Q1 revenue grew 21%, followed by 35% in Q2. Q2 gross margin expanded 430 bp, adjusted EBITDA grew 58%, and backlog increased 55% to a record
$131.5M. About 55% of Q2 revenue growth came from increased demand rather than metal-price effects.
Also just agreed to acquire ams OSRAM's German tungsten/molybdenum operations, creating a European manufacturing footprint.
Setup resembles: early Astronics — defense/aerospace demand + backlog + revenue + operating leverage all accelerating together.
