RE:Then & Now.Forgot to mention that most revenue for Q2,Q3 2020 were from AI.
AI revenue = Approximately $6,500,000
Tests revenue= Approximately $1,800,000
Meaning Datametrex profit margin (on AI) should be very high. Revenue coming in in the next 6 weeks will be icing on the cake.
wildbird1 wrote: Some peoples have a tendency to look at Datemetrex in the past tense.
I prefer to look at the present and the future of Datametrex.
Let's look strictly at revenue (not EBITDA) in Q1,Q2,Q3..2019 versus Q1,Q2,Q3..2020.
These numbers are taken from Datametrex PressRelease and financial.
Q1, 2019 revenue= $500,000
Q1, 2020 revenue= $800,000
+60% over Q1, 2019 revenue.
Q2, 2019 revenue=$376,000
Q2, 2020 revenue.......
April 13...$250,000(AI)
April 22...$217,000(AI)
May 15...$500,000(Tests)
June 8...$450,000(Tests)
June 9...$ ??? (tests)
June 10..$360,000(tests)
June 24..$500,000(tests)
Total approximately $2,200,000
+480% over Q2, 2019 revenue.
Q3, 2019 revenue=$1,600,000
Q3, 2020 revenue......
July, 2....$2,600,000(AI)
July,6.....$850,000(Tests)
July,10...$1,000,000(AI)
July,20...$208,000(AI)
July,27...$200,000(Tests)
July,31...$???? US Air Force Contract(AI)
Aug,13...$2,300,000(AI)
Total...approximately $7,000,000
With 6 weeks to go in Q3, 2020, it's a +350% over Q3 2019.
If you extrapolate, it could easily reach 400%, 600% or more for Q3 2020.
With these kind of numbers, who want to live in the past tense.