Digital Ally Inc makes electronic surveillance products. It uses cutting-edge technologies for audio and video recording inside vehicles, and through flashlights used by security personnel. The company also offers specialized software to manage recordings made by its products. Security and the collection of evidence also have multiple commercial applications. Warehouses and offices can be protected by the covert and convenient-to-operate products of this company.

Business results are nothing less than spectacular. The Most Recent Quarter has seen a continuation of profitable growth, which has been a feature of this company since its inception two years ago. Sales are expected to double annually for the calendar year 2008, with an operating margin of about 30%. The mid-term outlook should be just as exciting, given the nature of the business. It is likely that the company will develop additional applications for its novel know-how.

The stock price has climbed to $8.52 at the end of June 2008. This is from a 52-week low of $1.95. The Price to Earnings Ratio has stayed below 25. The Net Profit has been around 25% for the last four quarters. Institutions own just 2% of the stock, and the management has recently authorized a buy-back. Operations dominate cash inflows. The business is on a durable track to leverage its technological strength for rapid gross revenue growth.

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