I'm quietly hopeful of QFX surprising on the upside and...

I'm quietly hopeful of QFX surprising on the upside and announcing its maiden profit in the next quarterly.

Here's my rationale....

Last qtr the loss was $1.2m so we obviously need to find that much in increased gross profit and reduced costs. Revenue in Q1 was $5.0m and expenses of $6.2m resulting in a $1.2m loss.

Increased revenue to come from...
- effect of Easter delaying receipts from customers from Q1 to Q2 - $50k 
- increase in paying subscribers by 5% - $250k
- increase in PPV streaming - $100k
- increase in ARPU by 5% due to the new plans at a min. $14.99 - $250k

For a total increase in revenue of $650k to $5.65m

Which leaves approx. $550k required in reduced operating and investing expenses. Its a lot to save but off a base of $6.2m, a reduction to $5.65m is entirely  possible as we experience a full qtr of the restructure and realignment of the business. This comes off a saving of $900k last qtr so hopefully the board is able to squeeze another $550k this qtr.

Proposed figures above are purely fictional, speculative and nothing more than a (very) hopeful figment of my imagination... So take them with a grain of salt. But thats what i'm thinking at this point in time.

Bout time we had a surprise on the upside.... DYOR!