$MVTG revenue is exploding!!!
Post# of 102250
(Total Views: 102)
Posted On: 12/12/2017 10:52:51 AM
$MVTG had no revenue in April. Last month they reported 3 mil in revenue for the prior 3 months. Now the announced they expect to see 30 mil in revenue (assumed annual rate?) by next month. That is a jump fro an annual rate of 12 to 30 Million dollars. In April they had no Revenue!!! By August 2018 they say they expect up to 80 million in revenue!!
Last month the 10-q showed a gross profit margin of 20%
20% of 80 million is 16 million in gross profit!!!
This is huge folks!!!!
The stock is still priced as if it had no revenue!!!! Market cap is still 1.5 Mil $$s, that is insanely cheap!!
Last month the 10-q showed a gross profit margin of 20%
20% of 80 million is 16 million in gross profit!!!
This is huge folks!!!!
The stock is still priced as if it had no revenue!!!! Market cap is still 1.5 Mil $$s, that is insanely cheap!!
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