ResultsNot Sure what to think of it...
Great utilization rights revenues (which was anticipated due to high profile movies in Q1, especially Iron Man). This result shows us the short term potential of the business, 1.2M high margin revenues per quarter would be great!
The bad is the other businesses... Drop in industrial market, home market and system sales... So in D-Box case, no news = bad news...
Also, I hate the increase in operational expenses, and most of all, the expectation that they will gradually increase the operational expenses... (as per their MD&A)
So, overall, we saw the potential, but we also saw what could happen if there is no "Iron Man" in a quarter, i.e. the other businesses are not necessarly in a growth trend, so it could be really bad...
At least there's 13 screens in the backlog, so we could se seat sales revenues of about 1M for next quarter.
With 4.5M in cash, I would say that they have maximum 2 quarters before a new financing round, and I would say that it might be before next quarter (to market it on the potential of high margin recurring revenues that we saw in Q1)