For traders and investors interested in a deep value play in the rapidly growing security space, DirectView Holdings, Inc (OTCMKTS:DIRV) offers some under-the-radar potential at an extremely cheap price. The stock has been under distribution but is now testing very important chart support, and the company just hit the wires with a game-changing set of financial results.

The big news here is the record sales growth. The stock has been on the decline because the balance sheet is a little heavy – as is the case with any speculative high-growth story. The bet is always about whether or not the sales growth acceleration will kick in fast enough to light the fire. In this case, with the company producing a record growth pace so far in 2018, the market will have to reconsider its recent bias, and a vault back to the upside could be potentially in order here.

Acceleration Underway

As noted in the company’s press release to kick off this week, we are now seeing the growth acceleration kick into gear, with 70% sales growth to a record $2.3 million so far in 2018. The company also noted a 73% growth rate for overall product sales to a record $1.9 million, and 57% growth in services sales to a record $0.4 million.

In other words, the fire has been lit. Given that the total market capitalization right now – after the recent bout of weak action in terms of market price per share – is down under $800K, this could be a very good time to give this stock a close look.

Another point to make here is that isn’t just about the top line. Gross profitability is growing as well. According to the company’s most recent release, DIRV saw a 37% gross profit growth to a record $1.0 million during the first half of this year. That included a 64% growth in product gross profit to a record $0.9 million and a 185% increase in SG&A.

Roger Ralston, DirectView’s CEO, chimed in on the strong data, stating, “DirectView’s first half of 2018 performance generated the highest sales and profits of any period in our history. As we continue our technology and acquisition investments, we realize significant adoption and scale will take time. The results speak for themselves and we remain laser focused and bullish on our strategy.”

DirectView Holdings Inc (OTCMKTS:DIRV) casts itself as a company that, through its subsidiaries, operates as a full-service installer and provider of Security and Surveillance systems.

The Security and Surveillance division provides surveillance systems, and digital video recording and services, including DVR recorders and cameras, video intercoms, NVR recorders and IP cameras, laser and video beam perimeter security products, motion detection and thermal imagery products, security design and consulting, remote control device management, equipment maintenance service plans, and access control solutions.

It also develops customized software programs; and DirectView Security App, a mobile application to enable full remote management of deployed surveillance devices, such as positioning cameras, setting recording parameters, and replay of selected video. This division serves transportation, hospitality, industrial, educational, and residential markets. The Video Conferencing Services division provides multipoint video conferencing, network integration, custom room design, staffing, document conferencing, and IP/Web conferencing services that enable its clients to conduct remote meetings by linking participants in geographically dispersed locations. It is also involved in the sale of conferencing services based upon usage, sale and installation of video equipment, and sale of maintenance agreements.

This division provides its services to organizations, such as professional service firms, investment banks, high tech companies, law firms, investor relations firms, and other domestic and multinational companies in commercial, government, medical, and educational sectors. The company sells its products and services in the United States and internationally through direct sales force, referrals, and its Website. DirectView Holdings, Inc. was founded in 2006 and is based in Boca Raton, Florida.