If you believe that “real” companies trade on the OTCBB, you might want to have a close look at the penny stock of International Lottery & Totalizator Systems Inc. (ITSI). Banging in a Q worth framing today, ITSI stock sees no love from traders, despite the fact that there are roughly 3 million shares in the public float. Having booked revenues for their fiscal Q1 which were more than double the same period last year and nearly equal to all of fiscal 2012, betting a $1 now in advance of the upcoming U.S. elections could pay back huge dividends whether you’re looking short-term or long.
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ITSI Stock Quote
Market Cap: 13.09M
Tuesday Close: 1.01 ▼ -0.02 (-1.94%)
52 Wk High: 1.59
52 Wk Low: 0.282
Issued and Outstanding: 12,962,999
Berjaya Lottery Management (H.K.) Ltd.: 9,245,317 (71.3%)
14-Day Rel Strength: 44.69%
1st Resistance Point: 1.0633
1st Support Level: 0.9833
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If you consider how huge the lottery industry is and how secure the machines must be, you can immediately see why International Lottery & Totalizator Systems is a sexy Company. Booking huge revenues for Q1 and having a smaller float than a Cuban flotilla looking to escape Castro’s regime, ITSI stock get’s no love, but that could soon change.
One overlooked item is the Company’s wholly-owned subsidiary, Unisyn Voting Solutions, Inc. International Lottery & Totalizator Systems has dedicated a considerable amount of resources to this portion of their Company, developing federally certified end-to-end optical scan voting systems and a full-featured Election Management Software that provides precinct tabulation, ballot review and audio voting capability.
When you go to the polls one of these Novembers, you might see their InkaVote Plus Precinct Ballot Counter system which, certified by the National Association of State Election Directors, received the 2005 Voluntary Voting System Guidelines certification from the United States Election Assistance Commission for its OpenElect® digital optical scan election system – a digital scan voting system built with Java on a streamlined and hardened Linux platform.
As for why ITSI stock is worth looking into; Berjaya Lottery Management H.K. Limited, a subsidiary of Berjaya Sports Toto Berhad, is based out of Kuala Lumpur, Malaysia. They own almost 10 million shares of ITSI stock.
As for where they do their business; the Company’s lottery systems have a global presence with Asia, North America and Europe contributing to $4.197 million, $3.178 million and $3.196 million, respectively, of the Company’s $10.571 million revenues for fiscal 2012.
Subject to fluctuations due to the lack of a predictable trend for both the gaming and voting industries, yet one can not overlook the fact that International Lottery & Totalizator Systems booked $7.766 million in revenues for the 3 months ended July, 31, 2013. Compared to the same period in 2012, it’s an increase of $4.476 million, 136%, over the $3,290 booked. Add in an Assets-to-Liabilities ratio of 2.58, $6.634 million in cash and cash equivalents, and it’s kinda hard not to see value in ITSI stock.
About ITSI Stock
International Lottery & Totalizator Systems, Inc. designs, manufactures, sells, manages, supports and services computerized wagering systems and terminals for the global lottery and pari-mutuel racing industries.
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Something just screams “look at me” when you look at ITSI from the inside. In the real world of penny stocks, ITSI stock is likely to continue to see little to no love which is a shame because there are $5 and $10 stocks with worse fundamentals.
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