TSXV:POI.H - Post by User
Comment by
StyllLerningon Dec 08, 2015 3:44pm
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Post# 24366339
RE:RE:RE:RE:RE:RE:RE:RE:SLYCE INC. CONTRACTS WITH FORTUNE 500 RETAILER NORDSTROM
RE:RE:RE:RE:RE:RE:RE:RE:SLYCE INC. CONTRACTS WITH FORTUNE 500 RETAILER NORDSTROM
I don't think it's that tough to call. The next quarterly will cover revenue earned until the end of October. Using decimals to illustrate contracts earned partway through the quarter, they should receive revenue for 5.7 contracts at an average of $120K/contract (seems high but it is based on previous financials) we should see Q4 revenues come in at around $684 000. No way they will be over $1 million.
Expect ~$900 000 for Q1 earnings and $1.15 million for Q2. CFP by Q117 or Q217 dependent on burn rate.