Topic: How To Invest

Pat: Can you give me your opinion on Cyberplex? It has had 2 great quarters in a row, and just raised money in a share sale.

Article Excerpt

Cyberplex, $1.70, symbol CX on Toronto (Shares outstanding: 64.8 million; Market cap: $110.1 million), sells a service that matches advertisers with electronic publishers. Cyberplex links advertisers’ campaigns with its affiliates. These include web-site operators, bloggers and email marketers. Advertisers only pay if Cyberplex’s campaigns prompt users to do something, such as a fill out an online form or register at an advertiser’s web site. Cyberplex has a number of major companies as clients, including FTD, Xerox, Sony Canada, IAC, Atlantic Lottery Corporation, Vista Print, Aecon, Ontario Power Generation, Scotia Bank and Royal Bank of Canada. In the three months ended March 31, 2009, Cyberplex’s revenue jumped 307%, to $32.1 million from $7.9 million a year earlier. Earnings in the latest quarter were $4.1 million, or $0.08 a share, compared to $51,858, or nil per share. The company has no long-term debt. It recently issued new shares at $1.60 each. This raised $17.2 million. At the peak of the dot-com bubble of…