(Total Views: 481)
Posted On: 05/14/2020 7:49:59 PM
Post# of 32993
Good to see you posting here RL. Hope business is doing well.
You have to look at the proforma to figure it out because of the acquistion
Proforma 9 months 3,951,000
Proforma 12 months $5,290,000
Q4: $1,339,000
As you know, the deferred revenues for SaaS companies tells what's to come.
Q3
Deferred revenue: $191,000
Customer deposits: $67,000
Q4
Deferred revenue and customer deposits: $391,000
Despite, Q4 which can be a slow time of year with Thanksgiving and the December holidays.
We'll see what Q1 looks like and Covid impact. Many companies are struggling.
VERB, Right Time, Right Place
Looking forward to the international expansion and getting the other products out the door.
You have to look at the proforma to figure it out because of the acquistion
Proforma 9 months 3,951,000
Proforma 12 months $5,290,000
Q4: $1,339,000
As you know, the deferred revenues for SaaS companies tells what's to come.
Q3
Deferred revenue: $191,000
Customer deposits: $67,000
Q4
Deferred revenue and customer deposits: $391,000
Despite, Q4 which can be a slow time of year with Thanksgiving and the December holidays.
We'll see what Q1 looks like and Covid impact. Many companies are struggling.
VERB, Right Time, Right Place
Looking forward to the international expansion and getting the other products out the door.
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