What can we expect in 22Q1In 21Q1 hardware revenue was 0.98 M, recurring revenue 0.73M & net loss of 39K.
If 10K BeMini are sold & delivered (as indicated in last news release) over and above regular quaterly sales of devices, we may have 50% increase in device sales.
If the net profit movement of
21Q2 - 130K
21Q3 - 145K
21Q4 - 177K
continue, then we can have 22Q1 net profit of 200K. This will give a trailing 12 month net profit of 650K or 0.8C EPS
At 20c stock price P/E is only 25. Even at P/E parameter, stock is way chaep. It should b 30c .
Let us see how are 22Q1 results. Hope number will not disappoint.
BeWhere should initiate NCIB. Company has enough cash to buy 4M or 5% outstanding shares.