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VIDWRX INC SMDWF

"VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America."


GREY:SMDWF - Post by User

Comment by Vantechie76on May 01, 2015 9:10am
115 Views
Post# 23684272

RE:RE:SoMedia’s (VID.V or SMDWF) Financials – Staggering Growth!!

RE:RE:SoMedia’s (VID.V or SMDWF) Financials – Staggering Growth!!At this stage I don't think institutions are looking for bottom line earnings, this is a growth story. I believe the company has healthy gross margins (per video costs) but they don't highlight that. Operating expenses are high relative to revenue but that's what is needed to grow and at least expenses came down this year. Overall I think results are not a blow out but solid enough. Q1 results will be a bit more telling and hopefully those aren't too far off. But the real story starts to play out in Q2. Some big news in the mean time would help and if MMN is correct that they are lining up institutional investors that should really solidify the stock.
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