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VENDTEK SYSTEMS INC V.VSI

"VendTek Systems Inc develops, markets, and licenses automated transaction system software and supporting technologies. Its software product, eFresh provides electronic distribution infrastructure to service providers, retailers and retail distributors."


TSXV:VSI - Post by User

Comment by TheRock07on Apr 01, 2014 7:23pm
132 Views
Post# 22398174

RE:VSI shows Scorching growth in Q1

RE:VSI shows Scorching growth in Q1Very strong numbers exhibiting scorching growth so early in its new business plus very strong operating margins.

Very nice balance sheet too.

Operating costs should now diminish with the full exit from its discontinued business which happenened late in Q 1.

Quick calculations indicate that the Brazilian business should become profitable at a quarterly Runrate of about $2 million.... Which will probably be reached either this quarter or next...
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