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Synodon Inc SYXXF

Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument contains a high definition photographic camera, a thermal camera, laser altimeter, global positioning system (GPS)/inertial navigation system (INS) system, on-board computer, control unit, power supply and an in-cockpit display system. It offers airborne pipeline integrity management services to operators of oil and gas pipelines, which include leak detection, pipeline threat assessment, Right-of-Way (R0W) change and slope analysis, tree canopy encroachment, water crossing analysis (including three-dimensional (3-D) water crossings analysis) and pipeline location classification services.


GREY:SYXXF - Post by User

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Post by techiyon Apr 29, 2014 5:54pm
436 Views
Post# 22504511

from $700K in 2013 to $3 million in 2014?

from $700K in 2013 to $3 million in 2014? I was looking at Synodon's income statement.
https://www.stockhouse.com/companies/financials/syxxf/synodon-inc .

In 2013 they have revenue of about 700K. They are approximating that they are looking to have 3 million in revenue from the upcoming sales contracts in the folowing article:
https://www.equities.com/editors-desk/stocks/materials/desert-rats-for-pipeline-faults-synodon

And also I noticed that their profit after operational cost is more than 50%.... where is it going to end up in next year?
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