RE:My thoughts on ID's Revenue going forward2018 revenue number should be between 800K and 1M. So 1 M loss for 2018. We should see some improvements for Q1.
Not sure if they will be able to get enough lawyers to use delivery trust by Q2 or Q3, because most want to wait till the last minute before the rules take effect.
So most likely Q4 as I see it. I think I am allowed to change my views later without being attacked:)
I like the way you laid out the facts despite what the clowns are saying about you. Good job.
Fish153 wrote: I know some of you have already posted recent contracts on this board. I have prepared a list for the last 14 months to see the potential revenue from these contracts. The small contracts ID signed during this period would add only 97K a year to ID’s revenue.
At the end of 2017 their net revenue was $694,000, so these new small contracts would only bring the total to 791K. This is far short of ID’s yearly expenditure of 2M.
ID must generate 2M a year in net revenue to break even. ID’s success will heavily depend on how many subscribers they can get via ABA and other partnerships.
According to my calculation the potential maximum revenue from these big contracts would add over 17 M to ID’s annual revenue. Therefore, ID must get minimum of 10% from these contracts this year, if they want to be a profitable company in 2019. Only the time will tell. Good luck to all of you.