Bullboard - Stock Discussion Forum eQube Gaming Limited V.EQG

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eQube Gaming Ltd is involved in the development and sale of electronic bingo and social gaming solutions. The company has two primary segments namely, eBingo and Linked Games. It generates maximum revenue from the eBingo segment. Geographically, it derives a majority of revenue from Canada and also has a presence in the United States and Europe.

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eQube Gaming Limited > The latest news...

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Post by midard on Jul 24, 2018 8:48pm

The latest news...

The latest news leaves a possibility of additional order.

The rugged, handheld electronic tablets will be used to update a portion of the estate of handheld bingo tablet devices used in the land-based bingo industry in the United Kingdom.

read more: https://www.newswire.ca/news-releases/eqube-gaming-limited-announces-major-uk-contract-and-finance-update-677647803.html

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Comment by Profitic1 on Jul 25, 2018 8:57pm

Well that is the BIG question about Q1 isn't it ? The numbers are great, but how much of the sales & profit are recurring ? Is this just a one quarter blip because of the Playtech order and EQG goes back to mediocre sales and losses ? Or is this the start of something big ??? It would be nice to hear more from management. Prof

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Comment by Watcher2018 on Jul 26, 2018 5:44pm

Aside from the revenue/profit from the hardware sales, they have to think about service costs to the hardware which can easily eat up little of any profits. Looking at their history, I wouldn't get your hopes up but reocurring hardware revenue streams would definately be a plus.

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eQube Gaming Limited