Gross Gaming Revenue Q3 2023 vs 2022Was 5.5 million vs 2.5 million. I expect q1 2024 to best 5.5 million by at least 2 million but if the trend holds q1 2024 will yield about 11 million.
In my past post i said that there is a price rise justification when any company bests its quarter over quarter performance current year to the past one.
I further said that if the company not only bests quarter over quarter current year to the past but also the current that is justification for further price increase so if q2 2024 not only bests q2 2023 but also q1 2024 that justifies a stringer jump.
Finally i said that if the company bests a whole year in less then that is extrenely strong after which it bests that in lesser quarters. So for instance total gaming in 2023 is 22.5 million and the company bests that in 3 quarters 2024 and then further sets the qr 2024 high and in 2025 the company bests that in 2 quarters it goes crazy until it comes back to quarter over quarter because the year end has gotten way too high.
Lets say we are looking at the 22.5 million and if the pattern of growth holds constant at doubling quarters and starting back at the 5.5 million q3 2023 but q1 2024 doubles that is 11 million and if it doubles in q2 2024 that is almost the whole of 2023.
My minimum is for the company to best q3 by at least 2 million in q1 2024 and i dont see any reason why it shouldnt. If the company gets equal to or more than 8.25 million gross gaming in q1 this i will call the real deal as it may best the full 2023 upwards of 50 percent which is actually what i am looking at in the very least and preferably a double. So i am looking for the company to score from 33 million to 45 million full 2024 plus move towards cash flow positive and healthy cash reserves on hand.
Lets see what q1 2024 holds though.