RE:RE:Today's webnet seminartony08 wrote: kingscorpion wrote: So who asked what today at the webnet Did u even bother or is everyone waiting for me.to put an apple in your mouths!! Lol
I had one or two questions but they have been asked by others.....So that's good anyway.
The question i wanted most to ask was about guidance and they don't give any guidance.
Interesting to learn they have to get their revenue up to near $40M before having good EBITDA.
Tony08, yes the fact that brokerage firms have price targets based on best-case snerario projections, our CEO is an accountant, and the backlog is reportedly growing it’s a bit odd that we can't get some sort of guidance. In a way, there is something anti-climatic about this.
Granted, the company is not large and there is volatility in the market but it doesn’t not fully align.
Perhaps when prospective investors hear 100M in five years they figure they have time.: $22M last year and $26M in revenue the year before.... What's the rush? :)
However, I do give them credit to have retain their employees during the pandemic. That's wise.