Combined revenue of both companies last year was
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Posted On: 06/24/2019 5:43:22 PM
Combined revenue of both companies last year was $12,766,000 last year.
Combined revenue of Q1 was $4,001,000
IF the company stayed flat the rest of the year revenue would be $16,004,000
That translates into +25% growth vs last year IF the company stayed flat
Just a wild guess but I am betting Rory's own projections WERE, NOT TO STAY FLAT for the rest of the year
"But the truth is that the company is doing extraordinarily well On target to break our own projections and dominate our market."
Think about it
Wouldn't it be kind of hard to dominate the market with flat projections, eh?
We know there is a "Robust pipeline of executed licenses agreements awaiting deployment in Q1 & Q2".
To translate that for investors. It means there are signed contracts in place and once the company starts delivering, the SaaS revenue starts kicking in monthly over the life of the contract.
You will see the ones they delivered in Q1 start to show up Q2 quarterly and the ones they delivered in Q2 start show up in Q3 quarterly. Yes part of it will show up earlier, but likely not a full 3 quarters worth.
Can't be any clearer to me. Find me some other companies hiring a bunch of people and growing at least 25% that the market doesn't know about it. I'll invest in those too.
As always, everyone should do their own math & DD.
Combined revenue of Q1 was $4,001,000
IF the company stayed flat the rest of the year revenue would be $16,004,000
That translates into +25% growth vs last year IF the company stayed flat
Just a wild guess but I am betting Rory's own projections WERE, NOT TO STAY FLAT for the rest of the year
"But the truth is that the company is doing extraordinarily well On target to break our own projections and dominate our market."
Think about it
Wouldn't it be kind of hard to dominate the market with flat projections, eh?
We know there is a "Robust pipeline of executed licenses agreements awaiting deployment in Q1 & Q2".
To translate that for investors. It means there are signed contracts in place and once the company starts delivering, the SaaS revenue starts kicking in monthly over the life of the contract.
You will see the ones they delivered in Q1 start to show up Q2 quarterly and the ones they delivered in Q2 start show up in Q3 quarterly. Yes part of it will show up earlier, but likely not a full 3 quarters worth.
Can't be any clearer to me. Find me some other companies hiring a bunch of people and growing at least 25% that the market doesn't know about it. I'll invest in those too.
As always, everyone should do their own math & DD.
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