Hi Torpy, the variances you are referring to are marginal when you are only dealing with a dozen sites, not many companies can achieve ~$5mil Revenue on beta sites alone while still developing their software.
It does not take an in depth scan to view the majority of companies in this stage of development and Market cap to run at huge losses with no substantial products. two consecutive CF+ quarters is a testament to our profit margins which will only increase with cloud based solutions.
Now that we are comfortable with taking the product to the wider market I would be surprised if this time next year we are still ~$5mil annual revenue.
Good you are asking the questions, only enter if you are comfortable.
ALC Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
