Short Term Trading Week Starting: 29th Jan, page-180

  1. 23,919 Posts.
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    @sharks37

    See the CIO thread for explanation on how they account the transition of purchase orders to revenue etc

    Cash will be sufficient, as they have orders already of $3M

    They had revenue of $2.5M and had this to say for next year

    "the company believes that given its current sales pipeline and emerging opportunities to expand globally, it can exceed the 2017 percentage growth in 2018 calendar year"

    That would be another 367% increase bringing them to $10Mp.a

    This is going to be a huge year for them. Any CR would be minimal at best as at around $12Mp.a in revs they are cashflow positive I've read
    Last edited by vontrader: 31/01/18
 
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