OLV 0.00% 0.4¢ otherlevels holdings limited

Hi Guys IMO there is no way the quarterly loss will be as low as...

  1. 152 Posts.
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    Hi Guys

    IMO there is no way the quarterly loss will be as low as 100k. Most of the contract announcements they made were for initially small amounts. How their business seems to work is their contracts continue grow over time (30-40% per annum), so these new contract wins will take time (6-12 months) to grow into significant revenue makers. Their revenue is also highly dependent on the contracted payment date, so this can skew the quarterly figures as contract payments will come in patches. They have also indicated that they are looking to spend money and expand their sales force. Hopefully, they revise the extent on this as they did not raise the full amount they were after but none the less the will still be spending more money as they indicated.

    My guess:
    Revenue - 1.9Mil
    Costs - 3.0Mil
    Profit/Loss - (1.1Mil)

    tN00b
 
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