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Sorry, my last post had some mis-information. Margin was a...

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vafooli

1,415 Posts.

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31/08/17

13:05

Post #: 26896191
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Originally posted by vafooli ↑

Well what is interesting to note is that the entire year revenue has now been dropped to $14 mil, with deferred revenue of 9.4mil. So a loss of 4.2mil for the year. This is very deceptive, as most investors would not realise that we are actually running on profits currently in the recent quarters, with a margin of 27%. This quarter alone is going to approach revenues near the entire revenue of 2017! And add the deferred revenue of 9.4mil, then already in 1 quarter we have nearly doubled 2017's revenue. If you add the next 3 quarters we are likely going to have much more than 400% growth again during this year.

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Sorry, my last post had some mis-information. Margin was a negative margin based on altered revenue.

BIG Price at posting: $1.35 Sentiment: Buy Disclosure: Held
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