RE:RE:RE:RE:Venture Stocks Suck This is great stuff and I agree Q1 should be dramatically better then last year.
One note on your calculation, I am fairly certain that Q4 included one full month of IPF, so the math should be adjusted for that. As I recall the PR on IPF announced that the deal included attributing all of Q4 revenue to GDNP.
I am very excited about Q1 results and I would think we will get a preliminary update much sooner than May 26.
Zipolitemexico wrote: Last year, the year end results were on April 29th and the Q1 results were May 26th. We already have unaudited results for fiscal 2020 of $16.4M to $16.7M so no surprises there. However, the Q1 results will be the one that demonstrates the huge growth potential for GDNP. Here is some simple math to demonstrate that point.
Last year’s Q1 numbers were $3.052M, up from the 2019 Q1 results of $2.056M – a 48% increase!
This year with the IPF acquisition the revenues will be (GDNP 2020 Q4 of $5M x 4 = $20M) + (IPF $17M based on 12 month trailing) = $37M.
So the Q1 results should be in the area of ($37M/4 quarters) = $9.25M. That’s a 200% growth rate year over year!!
With a bit of organic growth over that period, we could top $10M.
So if you are looking for news to move the share price. Its coming!! You can be sure CEO Paul Antoniadis Q1 messaging will be all about solid fundamentals, accelerated growth and increased shareholder value…..or something along those lines! : )
GLTA
doggy123 wrote: News in a few weeks..............emailed company and they'll be releasing Q4 earnings in a few weeks and Q1 not long after.................