RE:Revenue for Q3Below is my post on Apr 23 on the subject.
Just a reminder that Lisa has stated that profitability will be reached in Q4 2021 which is from Apr to Jun 2021. The upcoming financials in May reflect Q3 - Jan to March 2021.
It is not clear whether the profitability point is reached ( $0.5M / mth ) in Q4 or the whole Q is profitable. I'm guessing the former.
Based on that, what I hope to see from these upcoming financials is a bridge from Q2 revenue to Q4 revenue. Revenue for Q2 was $0.417M or about $0.139M/mth and projected Jun revenue is $0.5M/mth. So if there was a steady ramp up, we should see revenue for each mth increase by $0.06M as below :
Jan $0.2M
Feb $0.26M
Mar $0.31M
Total Q3 $0.77M
Apr $0.36M
May $0.42M
Jun $0.5M
Total Q4 $1.28M
So I'm looking for $0.77M for Q3 as a revenue target - a 85% increase from Q2. As I have mentioned previously, I'm not interested in the details of on-boarding rates, churn, etc., just straight financials especially revenue as this is primarily a growth stock.