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Posted On: 05/17/2022 8:16:58 AM
Post# of 7931
Meanwhile, over at the swamp, the stinky creatures are foaming at the mouth, ranting & raving, howling at the moon and engaging in acts best kept from the sensitive souls w/ weak stomachs. The bashturds are pulling out all the stops. I mean, total batshite crazy. In other words, we Longs are having a field day! Just desserts, I say. The very thought of Biel having a 'turning around' quarter is driving them up the proverbial wall. I am not saying we are out the woods but we, as investors, can (and should) be justifiably proud.
The following Q1 fin'l info is from you and 'The Pro'. Always appreciated, thx.
This is the highest Margin (78%) I can remember ever seeing. $360k in Sales plus the Cost of Goods $79k = a Gross Profit of $281k.
Net loss went down 87.57%. (hugely positive metric, imo)
Biel made all the payments required of them, no defaults.
Q1 2022 Financials has $191k in 'Deferred Revenue' and Accounts Receivable of $297,248.00. << $191,000 + 297,000 = $488,000 >>
Assuming (ass-u-me, I get it, duh!) all that amount of $488,000 is recorded in Q2, have we started Q2 w/ almost a half a million over and above what is recorded in the Q2 ???
It's hard to not be optimistic looking at the above. Very much looking forward to Q2.
all the best, WBeacham
The following Q1 fin'l info is from you and 'The Pro'. Always appreciated, thx.
This is the highest Margin (78%) I can remember ever seeing. $360k in Sales plus the Cost of Goods $79k = a Gross Profit of $281k.
Net loss went down 87.57%. (hugely positive metric, imo)
Biel made all the payments required of them, no defaults.
Q1 2022 Financials has $191k in 'Deferred Revenue' and Accounts Receivable of $297,248.00. << $191,000 + 297,000 = $488,000 >>
Assuming (ass-u-me, I get it, duh!) all that amount of $488,000 is recorded in Q2, have we started Q2 w/ almost a half a million over and above what is recorded in the Q2 ???
It's hard to not be optimistic looking at the above. Very much looking forward to Q2.
all the best, WBeacham
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