Urthecast Corp LFDEF

Technology Software - Application

UrtheCast Corp is a Vancouver-based technology company that serves the geospatial and geo-analytics markets with a variety of products and services. The company operates earth observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast's cloud-based web platform and distributed directly to partners and customers. The company's primary source of revenue is from earth observation imagery and engineering. Geographically the company offers its services to Europe, Russia, Middle East, Africa, South Asia, and the Americas. Its only operating segment being the provision of the Earth observation imagery, geo-analytics products and services, and engineering and value-added services.

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Urthecast Corp

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Post by Links68on Aug 07, 2017 11:46am

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Post# 26553669

Q2 Results

My online account shows Aug 8th and I know that was mentioned on this board a week or two ago. UR typcially sends out a press release with the date about a week prior. Because we haven't seen anything on that front I'll be very surprised if Aug 8th is financials release date.

Is not releasing a date a strategic move so that they don't lock themselves into a date in order to buy them as much time as possible to try and nail down any o/s contract conversions/new deals? Maybe.

On the results front, I need to see $21 million in Revenue (excl. non-cash) compared to last year of $15,894,000 - about 30% growth. Adjusted EBITDA of $7 million+ vs. $4,992,000. Aside from OptiSar and UrtheDaily, this type of growth is a must. I'd like to see much more, but I'd be okay with these numbers.

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