OTCQX:MRVFF - Post by User
Comment by
lscfaon Nov 01, 2019 5:26pm
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Post# 30299533
RE:RE:WHY the sell off
RE:RE:WHY the sell off Investors are getting confused with distorted accounting no.s and distorted cash flow no.s. Must rely on adj ebitda no.s......
| | Q3 | Q2 |
| CFO | 6603 | 1457 |
| Cash INT paid | 1479 | 1517 |
| Billed assets * | 66 | 2498 |
| Total | 8148 | 5472 |
| vs. Adj ebitda | 7784 | 5663 |
| | | |
| * Amounts billed to customers for existing contract assets | | |
lscfa wrote:
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?