Q3 results are out... Q3 was about as expected. Physical security revenue was ok, although I was hoping for a bit more pre-tax net income. Still, pre-tax net income excluding the 2011 $30k one-time item was up 26% year-over-year. There was a lot of Electronic Security revenue in Q2 but almost nothing in Q3. It seems there's not much recurring revenue there yet. Cash flow was ok.
Anyway, looks like we'll have to wait until the 2 Ontario acqs are fully integrated before we see how things shake out. I think they are capable of up to $400k in pre-tax net income per quarter. Lots of potential...let's see what they can do with it.