GREY:SMDWF - Post by User
Comment by
Vantechie76on May 01, 2015 9:10am
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Post# 23684272
RE:RE:SoMedia’s (VID.V or SMDWF) Financials – Staggering Growth!!
RE:RE:SoMedia’s (VID.V or SMDWF) Financials – Staggering Growth!!At this stage I don't think institutions are looking for bottom line earnings, this is a growth story. I believe the company has healthy gross margins (per video costs) but they don't highlight that. Operating expenses are high relative to revenue but that's what is needed to grow and at least expenses came down this year. Overall I think results are not a blow out but solid enough. Q1 results will be a bit more telling and hopefully those aren't too far off. But the real story starts to play out in Q2. Some big news in the mean time would help and if MMN is correct that they are lining up institutional investors that should really solidify the stock.