WOW ANNUAL STATEMENTSWOW. Annual statement just published. Must say I am surprised. Way better revenue than I thought. No surprise the share comp was going to make earnings look negative. Even so earnings better than expected. The real number that matters though was cashflow from operations, which also came in better than expected. The startup costs were quite reasonable.
If this is how they start up the operation, I can’t wait to see the statements post acquisition with $10mm more cash in the bank, and selling more product. I am raising my expectations now for next quarter.
And yes, this just became a takeover target.