TSXV:RHT.H - Post by User
Post by
DonnieAzoff12on Nov 26, 2019 2:01pm
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Post# 30394392
Potential Q1 Revenues
Potential Q1 Revenues I want this post to simply be a healthy discussion on what everyone's projections are for the upcoming Q1 financials. I'm not here to say I'm an accounting wizard or pretend to know what the numbers are going to be, nor am I expecting anything substantial but I do think it's healthy to know what people might think they will be and all be somewhat on the same page regarding the revenues based on Lisa's guidance to date. Her credibility is massively at stake here and the more she misleads the market the more harm is does for Reliq. Also, I just find it fun to try and forecast these numbers as it is at the end of the day what makes people ..
Based on everything she said in the last webinar (biggest being that the discounts offered in 2018 fiscal year are done (I think lol)) along with the annual revenues for the 2018 fiscal year being $180,000, and her saying she is confident they will have 10,000 patients on boarded by end of December gives me reason to believe she had at least anywhere from 2000-5000 patients on boarded or were in the process of being OB at the start of Q1, setting my revenue projection at >$300,000, not including accounts receivables, which I think is also gonna be a interesting one to see but won't touch in this post. I think a potential max revenue tops out at around $450,000.
I feel like numbers close to these projections will signify that Reliq is really on track and gives more reason to get really excited about the contracts we signed in October.
What are people's thoughts?
Donnie
Lover of Lemon Quaaludes