Cematrix Corporation V.CVX

4th quarter and year end results

[vinmick]

Any confirmation as to their release date?  Last year was April 15th.

[kingscorpion]

Since most NR releases comes on Thursday I would expect one this coming Thursday The expectation is that Q4 would be around $7 mil because when the CEO was asked about Q4 He said it looks good" For the year $22.6-$22.7 mil And few weeks from now Q1 of this year comes out I am expecting based on my calculations $8 mil give or take $200k Why because the CEO said plenty of positive things for

[Capharnaum]

On Oct 6 2021, they announced a $5.5MM contract for a total backlog of $91.2MM. On Dec 16 2021, they announced a $4.6MM contract for a total backlog of $86.1MM. We can deduce from those numbers that they did approx $9.7MM between those announcements: $91.2MM - ($86.1MM - $4.6MM) = $9.7MM

[kingscorpion]

I hope this number that you put out for Q4 is the right one because the CEO said when asked "the Q4 results look good" he said It would make more sense that the revenue should be $9.7 mil If the Q4 is as you suggest then take out $5 mil for wage cost that leaves $4.7 mil. Out of that, if net earnings at 30% ROE then $4.7x 30%= $1.41 mil net earnings. From this the E /S = 1.4 mil 132 mil

[Capharnaum]

Guess we'll find out, but if the numbers don't match, then it means some contracts were changed or one of the backlog figures wasn't reported correctly.