I am running through the Vicom quarterly results as part of my usual keeping up routine with the company.
You can view the past quarterly results I have covered here.
Vicom results have been pretty much straightforward in the past couple of years. However, there has been a couple of recent growth stocks who have gone down the path of downhill - Super Group, Sarine and Osim have all suffered similar fate recently. Will Vicom be following their footsteps?
Topline growth has finally dropped year on year and if I remember correctly, this has been the longest time ever the company has reported negative growth on their topline. The management did reiterated and gave a guidance that their non-vehicle segment would slow down so this shouldn't come as a surprise. Still, it's interesting to see how investors would react to this. It's pretty ......