The Hermit

The Hermit

Enghouse ($ENGH) - The Anti Hype Software Compounder With 25 Years of Proof and $270m in Cash

PoW (#13) [2/3] Recorded Presentation + Q3 2025 Results Overview

Alejandro Yela's avatar
Alejandro Yela
Dec 09, 2025
∙ Paid

We’ve prepared a private recording to deepen your understanding of the company. It adds important color to strategy, positioning, and execution that is hard to fully capture in writing.

That said, the real foundation is the article. Read it first. The recording is designed to sharpen and stress-test what you already know, not replace it.

10x Revenues, Flat 25% FCF Margins, Falling -68% YTD Stock. Why?

10x Revenues, Flat 25% FCF Margins, Falling -68% YTD Stock. Why?

Alejandro Yela
·
December 6, 2025
Read full story

Article first. Then the recording. That’s how you extract the full edge.


Disclosure: This is not a paid sponsorship, but the link is an affiliate link. Signing up is free, and it only helps support our work if you choose to upgrade later.

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At 🧙‍♂️ The Hermit, this is what we use every single time we dig into a new idea, pressure-test a thesis, or build conviction in a position. The recording posted below is a perfect example of how we use it to verify information.

If you take your investing seriously, this tool will save you time, remove blind spots, and upgrade the quality of every decision you make.

You can start for free today. But hold off on upgrading just yet.
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Use tikr.com/hrmt to sign up and test it properly ✅
If you wait a few days before upgrading, you’ll lock in a pretty damn good discount.


None of the following should be construed as investment advice. Please consult a financial advisor before making any investment decision. You will find a full disclaimer at the end of this post.

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📟 Enghouse Systems Limited ($ENGH)

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