Bullboard - Stock Discussion Forum Synodon Inc SYXXF

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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... see more

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Synodon Inc > Q1 2015

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Post by HeyBlinkin on Mar 30, 2015 8:42am

Q1 2015

Interim financials and MD&A were posted to the SEDAR website Mar 27.

Q1 2015 Revenue = $363K
~3.5 x Q1 2014 of $104K

Slow but steady progress...

GLTA
HB

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Comment by CHINVESTMENST on Mar 31, 2015 1:26pm

Thanks for the alert HB. What's key to grab from this information is that revenue increased while expenses remained relatively constant from 2014-2015. I have no doubt that when the stock market goes bullish again that we'll see a nice rise in share price. The problem right now is that people are selling off their riskier investments as the markets aren't that steady. Give it a ...more

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Comment by nortzy27 on Apr 04, 2015 12:46pm

yes new contracts are what syd needs ,as well they are getting two new units ,why 2 ?,if one more would double there revenue right now?that would be over 4-5 million a yr which would be a in the black situation ,why 2 more when they have to borrow to bring this forward,,i can only guess that as chin says new contracts are on there way ,this is a cheap stock right now ,i would like to hear from red ...more

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Synodon Inc