Capital Light | Luke Wolgram | Substack

Reviewing Auto Partner's Q1

In my previous Auto Partner update, I discussed how the company was facing a multitude of headwinds resulting in the stock’s lagging performance, but…

Jun 13 •

Recent posts

Capital Light Coverage Update

A brief update on the four names covered so far.

Apr 29 •

Immediately Actionable Idea #2: A High Quality Company Trading At Under 4X Cash-Adjusted Earnings

An undiscovered company trading at under 4 times earnings when adjusting for the company's large cash balance.

Apr 17 •

Immediately Actionable Idea #1: A Capital-Light Microcap Trading At A 50% Discount to Peers

An undiscovered Polish microcap with high growth, high ROIC, an impenetrable moat, and best of all, a low valuation.

Apr 4 •

Auto Partner: Revisiting The Investment Case In 2025

Auto Partner Once Again Has A Cheap Valuation, But Currency Headwinds And Margin Pressures Continue To Weigh On The Stock.

Mar 18 •

Kneat: A Capital Light Smallcap SaaS Business You Can't Ignore - Part 2

Kneat is a software business dominating the Life Sciences validation software niche with a signficant opportunity to become the premier enterprise…

Mar 4 •

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