The Investment Reporter, in its April 10, 2015, issue, says buy Redknee Solutions Inc., recently $4.38. The Reporter said buy three times from Aug. 17, 2012, to Feb. 21, 2014, at prices ranging from $1.20 to $5.77. A $1,000 investment for each of the three buys is now worth $5,825. Given its lower share price and improving outlook, the application software provider is back as a buy. In the first quarter of fiscal 2015, Redknee earned $2-million or two cents a share (all currency in U.S. dollars). This was a turnaround from a loss of $3.1-million or three cents a share a year earlier. Its EBITDA rose to $10.2-million, far higher than the $4.5-million it posted last year. It also won 161 patents and filed for 41 patents during the quarter. This pleases the Reporter, which notes that innovations are critical to survive in the turbulent tech industry. Another plus is that management, with a 9.2-per-cent stake, has a lot of skin in the game. This means it will also suffer from red knees if it makes any major mistakes. Redknee will likely earn 25 Canadian cents a share in fiscal 2015 and 38 Canadian cents in fiscal 2016. Next year's estimate gives the stock a P/E ratio of 11.5 times. It is back as a buy.