Rand Worldwide Inc. $RWWI
A rare high quality microcap
Notice: I own shares of $RWWI and will likely be biased as a result. The stock is extremely illiquid and cannot be quickly bought or sold. As always, this is not a recommendation of any kind.
The Business
Rand Worldwide Inc. operates multiple subsidiaries but their primary business is reselling Autodesk products (AutoCad). They have a master sales agreement with Autodesk that allows them to service regions in which they operate in the US and Canada. Roughly 90% of their business is within the US.
Autodesk ADSK 0.00%↑ itself is a wonderful business. It is the standard software for engineering and architects for many drawing and related tools (AutoCAD). It is not cheap on any metric. Reviewing revenue trends for the regions within which Rand operates, revenue growth has been consistent.
