GREY:SMDWF - Post by User
Post by
cheval57on Mar 05, 2015 10:02am
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Post# 23492717
Financial results
Financial resultsI agree that the financial results are the most important factor here. The year end results should not come out before the end of April since an audit has to be performed before that. As far as the Q1 results, for the period ended March 31, 2015,, there is no need for an audit so we might expect to get something by the beginning of May. Unfortunatly, as far as financial results are concerned we have to wait until then.
However, with all the partnership agreements that the company signed recently, I think that will have a positive effect on sales and revenues. But remember that a sale occurs when a contract is signed for the production of a video but that the revenue provided by that sale is not recognized until the video is sent to the buyer. So, better results should be later in the 2015 financial year.
The main factor remains the moment that the company will generate positive cash flows and will not be in need of recurrent financing for the day to day business.
It ls looking good though.