OTCQX:MRVFF - Post by User
Comment by
lscfaon Nov 01, 2019 4:56pm
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Post# 30299411
RE:WHY the sell off
RE:WHY the sell off I think people are looking at the net income line and seeing that Q3 is down from Q2 but Q2 had a bunch of one-time non-cash items. Co. should change its presentation and show an operating income line......
| Q3 | Q2 |
Rev | 18,823 | 16,580 |
Cogs | (7,499) | (6,931) |
Marketing exp | (1,955) | (3,043) |
G&A | (3,584) | (5,125) |
Op inc. | 5,785 | 1,481 |
Cash INT exp | (1,567) | (1,555) |
Cash income | 4,218 | (74) |
Non-cash inc | 56 | 6,966 |
Ebit | 4,274 | 6,892 |
Tax | 151 | (96) |
Net income | 4,425 | 6,796 |
| | |
Gross margin | 60.2% | 58.2% |
| | |
Non cash income (expenses): | | |
Amort finance fees | (1,599) | (512) |
Amort intangible | (2,108) | (2,181) |
Deriv gain | 3,890 | 32,641 |
Conting. Gain | 205 | 507 |
Asset impairment | 0 | (23,621) |
Fx loss (gain) | (201) | 740 |
Other losses | (131) | (608) |
| 56 | 6,966 |
midard wrote: Market cap was almost the same as earning yesterday. who is anonimous?