Image source: Getty Images Shares of Topicus.com (TSXV:TOI), spinoff of Constellation Software (TSX:CSU) rose slightly by about 7% after strong earnings came out for the company. Yet a major question hangs in the balance as to whether investors are really valuing the company correctly. Let’s look at earnings for Topicus stock today and the news that came with it. Earnings at a glance Topicus stock reported an increase in revenue of 22% year over year, reaching €278.8 million for the quarter. This included 8% organic growth as well. Acquisitions were completed in cash consideration of €7.2 million as well. Cash flow from operations more than doubled to €25.5 million year over year, up by
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