Post by
ShortSellerHero on Aug 26, 2020 5:19pm
Not a bad Q... my take
During the peak of COVID months & the shutdown, it managed to grow revenues 222% YoY and more impressively 20% QoQ from March... was expecting ~10% QoQ at best which I had as low probability. Also gross margin improved from 37% to 43% QoQ.
As a short, I'm impressed.
Will likely cover tomorrow.
GLTA.
Comment by
MadCan24 on Aug 26, 2020 5:53pm
yeah, its very good. Hopefully not much manipulation with the SP now, lets see
Comment by
moneydigger on Aug 27, 2020 10:40am
yep, more manipulation, everytime it goes up, it gets knocked down with 500 share sell. Doesn't matter, with these positive results we will creep up while the big boys accumulate. Might as well join them and accumulate also. 22% YOY cannot be ignored. More huge revenues to come espcially once LEDGER PAY runs full steam.
Comment by
retiredcf on Aug 30, 2020 3:23pm
Revenue was up 222% to $13.1M. The $2.8M EBITDA had a 21% margin. While the net loss was higher than anticipated, it was largely due to non-cash accounting charges. CF swung from a loss to positive $2.2M. Growth is impressive and overall, things look good. So said 5iResearch when asked this week for their opinion. GLTA