Last 6 Quarters From SedarIt's 5 am so give a guy a break if a digit is off here or there.....this is for my fellow investors that keep it real
Q1 2021
AI = 388,000
Covid = 18,561,000
Net Inc = 9,560,000
Q2 2021
AI = 771,000
Covid = 9,595,000
Net Inc = 850,000
Q3 2021
AI = 749,000
Covid = 8,842,000
Net Inc = 170,000
Q4 2021
AI = 2,143,000
Covid = 7,979,000
Net Inc = (Loss) 1,489,000
Q1 2022
AI = 2,118,000
Covid = 8,595,000
Net Inc = 1,352,000
Q2 2022
AI = 685,000
Covid = 6,942,000
Net Inc = (loss) 1,357,000
My guess why the market was down on the Q2 report is it's wondering if this downfall is the start of a trend or just a bad quarter. AI growth has slowed for 3 straight quarters now and covid is nothing more than a wild card when it comes to valuating the company, case in point we won't know until the end of September if the Actors union continues to test, this constant "unknown" is why the covid revs don't count towards valuation but clearly they keep the lights on and the company going, it's our bread and butter for 2 years now.
Besdies "new toy" developments / phase 2 gov contract Q3 at the end of November will be an important number, markets look ahead so it is no surprise to me we are where we are, have to turn the AI ship around and or start placing large "new toy" contracts....stay tuned.....coffee time, too much for the brain this early....haha