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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 oiljack14on Dec 06, 2015 4:25pm
183 Views
Post# 24359497

RE:RE:RE:Facebook Video Ads Go After TV Dollars

RE:RE:RE:Facebook Video Ads Go After TV DollarsLook at what the RPM program and the sales team are doing with just a second quarter under their belt and only six months on the job (Kirk and Derek). I actually believe sales will come in at over $900k for the fourth quarter and revenue will come in over $200k and maybe even as high as $230k+. When the unaudited numbers are released sometime in January the market should begin to see the rapid revenue growth that we have all been waiting for....imo...greater than 30%+ per quarter. Sales have already been growing at that pace (or above). This is without any formal traction from Facebook, Google, TubeMogul etc. Anyone of those would be a home run for VID. This morning VidWrx provided investors with guidance on what is shaping up to be the best quarter in the companys history. Its sales backlog is expected to be approximately $2.3 million. This represents an increase of 132% over the same period a year ago and 22% over its third quarter. Sales booked are expected to be approximately $765 thousand. A 172% increase over the same period in 2014 and about 34% more than last quarter. Of note, revenue is expected to jump up to $190 thousand, which is 122% higher than last year and 21% over the third quarter . As represented in the graph below, VidWrx appears to be hitting its stride. The companys founder and CEO, George Fleming expressed in the news release that he believes the foundation is being laid for continued growth in 2016. https://howardgroupinc.com/2015/12/vidwrx-vidtsx-v-forecasts-record-breaking-fourth-quarter/
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