-Tix Corporation is a cash producing machine, with a current FCF yield of 16.74%.
-Furthermore, the company has zero competitors in the Las Vegas market that it serves.
-Additionally, the company is undervalued on an absolute basis with a stable dividend yield of ~9%.
-Downside is protected due to the high FCF yield, high cash position and low long-term debt.
-Recent IR coverage may provide more visibility and upside. The company also has more than enough potential to continue raising its dividend.