I'm disappointed in the revenue numbers. Sales me
Post# of 2009
Posted On: 02/17/2016 11:52:59 AM
I'm disappointed in the revenue numbers.
Sales media, which I understand is where UF revenues are, increased just 13% Q/Q.
That is in a quarter where hundreds of Paramount films were added to a content library that was before no big deal. We had Samsung Tizen finally added in Nov.; we had Roku added at the beginning of Dec.; we had the holiday and Christmas promotions ...
That only resulted in a 13% increase in Media sales revenue Q/Q, and just 20% more than Q2 2015 ?
Sales Studio rose another 34%, and compared to last year's Q2, is an increase of 500%. That's more like it.
Gross revenue is up 20% Q/Q to $4.6 mln, and close to double that of Q2 '15.
Net gain is $150k (actually also wrongly listed as a $150k loss in "net earnings" ), up from a $525k loss last Q.
While not bad, I find no reason to be happy after a quarter where UF finally gained some decent content, quantity and quality wise.
As a side note: they made $2mln (on paper) with the NTGL shares they own (68 % gain to be exactly), compared to the previous quarter, booked as Investment Holdings, and Royal Capital received another 150mln shares last quarter.
So far, market seems to concur with my view on these numbers, or is it the damn shorts holding NTEK back ?
Sales media, which I understand is where UF revenues are, increased just 13% Q/Q.
That is in a quarter where hundreds of Paramount films were added to a content library that was before no big deal. We had Samsung Tizen finally added in Nov.; we had Roku added at the beginning of Dec.; we had the holiday and Christmas promotions ...
That only resulted in a 13% increase in Media sales revenue Q/Q, and just 20% more than Q2 2015 ?
Sales Studio rose another 34%, and compared to last year's Q2, is an increase of 500%. That's more like it.
Gross revenue is up 20% Q/Q to $4.6 mln, and close to double that of Q2 '15.
Net gain is $150k (actually also wrongly listed as a $150k loss in "net earnings" ), up from a $525k loss last Q.
While not bad, I find no reason to be happy after a quarter where UF finally gained some decent content, quantity and quality wise.
As a side note: they made $2mln (on paper) with the NTGL shares they own (68 % gain to be exactly), compared to the previous quarter, booked as Investment Holdings, and Royal Capital received another 150mln shares last quarter.
So far, market seems to concur with my view on these numbers, or is it the damn shorts holding NTEK back ?
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