I published my first write-up on Seeking Alpha today. The summary of my thesis is:
- Franklin Covey (FC) is going through a SaaS transition that is temporarily harming its financials.
- The new, improved business model should become more obvious to the market in the coming quarters.
- There is upside of 40-80% over the next 18 months with potential for more longer term.
To read the entire write-up, head over to https://seekingalpha.com/article/4084174-franklin-covey-nearing-inflection-point
As of this writing, Wiedower Capital owns shares in FC. This is subject to change.