GREY:SMDWF - Post by User
Post by
Bitgoldon May 31, 2015 12:55pm
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Post# 23782198
Newly in
Newly in
and feeling comfortable with the the result of Q1. I know that my calculation will seem a little weird to some, but I will write it anyway. If we look at the Value of Backlog, it has increase 140% from 2013 to 2014 and 150% from 2014 to 2015 (200k-480k-1,235M). So if it continue like this and it could be higher then 150% next year as we get bigger contracts like Yellow media, that would mean that our Backlog value would be around $3 millions. The value of sales increase by roughly 125% per annum and it should be around $850k for Q1 2016. Never forget that the platform expenses are behind and that it should eventually reflect in the "Other operating expenses" and with the co-CEO gone, employment expenses will also be lower. Less expenses + more Value of Backlog should be a good recipe.