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Bullboard - Stock Discussion Forum Novra Technologies Inc NVRVF


Primary Symbol: V.NVI

Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems, and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software, and services. Its products include hardware and software tailored for advanced applications in key vertical... see more

TSXV:NVI - Post Discussion

Novra Technologies Inc > Earnings should be out soon.
View:
Post by mlmack on May 25, 2022 4:41pm

Earnings should be out soon.

Probably the end of the month. With $5.9 million backlog and $1.3 million in deferred revenue Novra should have a very good year. $7.2 million was the 2021 revenue total and they were EBDITA positive with a profit. Results will be lumpy with supply chain being the problem but either Q1 or Q2 should be a blowout. At $0.09 this is a steal for those who show a bit of patience.
Comment by mlmack66 on May 30, 2022 8:29pm
Still delays delivering the backlog which now stands at $5.7 million and $1.1 million in deferred revenue. They stated shipments against backlog have begun to ramp up so Q2 should be much better, I guess we'll find out in late August.
Comment by john378 on May 31, 2022 8:37pm
It is amazing how in such a desperate socio-economic environment where their satellite receivers  that they loosely imply have been sold but can not be shipped or installed, that people still manage to buy a Big Mac at a McDonalds drive thru and go to sporting events. They must be doing so in the dark of the night and paying off the armed militia that are guarding every street corner. It is ...more  
Comment by theinvestor22 on Jun 06, 2022 9:12am
Thanks for your sage advice and drama.  Especially the drama.
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