- Ubiquiti is a company with a curious business model that has its skeptics and critics. But on the basis of past history, that business model delivers powerful results.
- The company is able to introduce new products that often have market beating features, delivered with very little operational spending.
- This produces very good margins and plenty of cash, which is used to reduce the share count in a significant way.
- The only hesitation comes from an SEC inquiry which we find impossible to handicap.
Source: Ubiquiti Powers On Aided By 2 Growth Levers – Ubiquiti Networks, Inc. (NASDAQ:UBNT) | Seeking Alpha