Acuren Corporation (TIC): A Bull Case Theory 

We came across a bullish thesis on Acuren Corporation on Kairos Research’s Substack. In this article, we will summarize the bulls’ thesis on TIC. Acuren Corporation's share was trading at $14.21 as of October 2nd. TIC’s trailing and forward P/E were 39.88 and 48.78 respectively according to Yahoo Finance.

Acuren’s Q2 results reflected modest revenue growth of $313.9 million, up 1.5% year-over-year with 2.0% organic growth driven by callout services, while net loss narrowed sharply to –$0.2 million, a 95.7% improvement from last year. Adjusted EBITDA declined slightly to...