Some Notable Wins

Up, up, and away..

LifeMD (LFMD), first featured at the end of March:

We first bought these shares for our Seeking Alpha Marketplace service below $2, and the shares, while no longer cheap, could benefit from the recent troubles at larger competitor Hims & Hers (HIMS), even if we think these troubles are overstated.

Then there is the epic run in TSS International (TSSI), driven by the AI server boom, Dell, and a huge capacity expansion (covered several times, starting in November 2024):

And Droneshield (DRSHF) isn’t doing too badly either (first covered early May 2024 with follow up at the start of April 2025):

The 20% spike overnight in Australia is caused by a rather outsized $61.6M contract win, bigger than all of its FY24 revenues. We quote from the linked PR (our emphasis):

This is the biggest single order in DroneShield’s history and is larger than the company’s entire revenue for 2024 ($57.5m). Importantly, DroneShield’s recent production and inventory holding expansion means that this order is expected to be fully delivered within the quarter… DroneShield products are now being purchased in material quantities. The scale and frequency of orders has been increasing as leading Military customers are moving from testing hardware to broader rollouts… Europe is currently one of DroneShield’s largest geographical segments, with over A$1.1 billion across 55 of active pipeline opportunities.

Hmm, while it might be a good idea to take some money off TSSI and LFMD at least temporarily, we’re sticking with DRSHF. Analysts expect just A$100M in revenue this year, while the company has already A$110M+ in orders, and we’re still in H1/25.

Above A$100M the company will start generating cash. The shares are certainly not cheap anymore, but they’re growing very fast, and if you look around in the world, you’ll realize this is a growth market in the early innings.

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