Last years revenue was 6.5M. If we land all of the contracts that we have in the pipeline (7.175M ARR) that means we will more than double our revenue. THAT DOESNT INCLUDE THE US MARKET!
We all know what the US is like with their military spending. This will be right up their alley and after the I/ITSEC conference I think our pipeline will explode. The US have certain problems that other first world countries aren’t as exposed to such as school shootings. This type of simulated training could be a very easy and cheap way for police officers to train for such scenarios.
The operator division has high margins which means it will be highly profitable for the company.
Not to mention the other FREAK venue that is due to open in the coming weeks.
It won’t take long for this company to be highly profitable.
XRG Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
