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Urthecast Corp T.UR


Primary Symbol: 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.


GREY:LFDEF - Post by User

Urthecast Corp > Urthecast - still no news
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Comment by goldspeculator1on Nov 06, 2019 1:36pm
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Post# 30316696

RE:RE:Urthecast - still no news

RE:RE:Urthecast - still no newsThe Geosys agreement calls for an annual contract in excess of 10M USD per year.

So far this year Geosys has done 9.5M CAD.  If we are to see the success of this acquisition and frankly the only game in town right now then quarterly revenues over 3.5M CAD would put the company at least on par with the minimum side of the agreement leaving Q4 to be any upside to that.

This is the metric I think is most relevant.  If the company surpases the Land o Lakes minimums that would mean that either they are selling more to them or outside buyers are liking the offering. Either way it would bode well for the overall business.

Sure it would be great if Deimos is sold and the debt is cleaned up or Urthedaily gets financed but as much as I would like that to come out I am not holding my breath but would be pleasantly surprised if one of those happened.

Best of luck next week on the earnings and corporate update! 
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