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Bullboard - Stock Discussion Forum SHARC Energy Systems C.SHRC

Alternate Symbol(s):  INTWF

SHARC International Systems Inc. is a Canada-based company, which is engaged in energy recovery from the wastewater the Company send down the drain every day. The Company is engaged in providing wastewater energy transfer (WET) expertise and products that service commercial, industrial, public utilities and residential development projects. Its products include SHARC Series and PIRANHA Series... see more

CSE:SHRC - Post Discussion

SHARC Energy Systems > acceleration
View:
Post by stockpickman on Jun 01, 2023 10:25pm

acceleration

with a sales pipeline and order backlog of almost $18 million, and the expectations to grow and accelerate, Shrc is looking pretty good......and yes, we dont know what the ratio is of sales pipeline and order backlog, but imho it is all looking pretty healthy.......
We expect Sales Pipeline to continue to grow and the rate of Sales Pipeline converting to Sales Order Backlog to accelerate over the balance of the year. Find all the data in our Q1 2023 Financial Results announcement: zurl.co/kh3K #greeninvesting #cleanenergy
 
 
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Comment by Mostlyserious on Jun 02, 2023 8:41am
I am not good in maf, but if the Sales Order Backlog decreased by 38% due to the Revenue earned and Revenue earned was $0.81M, wouldn't that suggest that the Sales Order Backlog was $2.13M less $0.81M earned therefore it is now around $1.32M?  So, the vast majority of the Sales Pipeline or 90% is "two birds in a bush".  Don't get me wrong, there are bushes with no ...more