PS
(From T7's great charts)
"A discrete figure for quarterly revenue is not given, although it is stated that this “grew 425% over the same period in the prior year”. My estimate (shown on chart below) is that the relevant revenue figure for 1Q16 was $2.38M, so an increase by a factor of 425% would mean 1Q17 revenue was $10.1M as shown (or $12.5M if this was an absolute increase). Around $6M of this amount would have derived from Recurring Revenue.
New Technology Development shows the business remains a mix of both research and commercialisation, which bodes well for expansion into both current and new markets. Onward and upwards."
Have a great night jasmine, I'm loving every second of it!
Cheers.
Unbiased financial chart thread!, page-296
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