Urbanimmersive Inc V.UI

$10 m + revenue already?

[Torontojay]

I noticed on the website it mentions that revenues exceed $10 m. Could that really be possible? I'm going with the assumption that calendar year end 2021 numbers are above this number. 

I figured revenues post acquisitions would be around $15 m or so but that would be 12 months after these acquisitions. Perhaps they're just being vague about it but it's unclear to me. 

If this is true, then this stock is going to go through the roof this year.

[kentucky77]

Good find TJ... yes $10M on the website. That would mean Q4 had exponential growth.  Looks like the FY will be reported next week so we will know then. Regardless, I bought a few more in my TFSA as we have a double hit of repting comming - FY next week and Q1 in February.  Trying not to pump but this could be the point of inflection to a break out....

[Torontojay]

I just checked the site and it now says $10m + "revenue run rate." A couple days ago it said "annual revenues" https://www.urbanimmersive.com/?lang=eng

[eKanameStock]

Do you think that they've corrected the wording because the first term would imply an early release of Revenue although it should be public on the 13th vs Run rate which is "speculative" and thus won't have insider issues. *Shrugs* Runrate would imply they would be able to make $10m a year.

[kaykay22222]

Yes I believe they changed that, because people in social media start to posting that information.

[laurencelefou]

In the investor Relations section it still says $4.5 million run rate. https://www.urbanimmersive.com/investors/investor