GREY:ZMSPF - Post by User
Post by
schelbibbeson Dec 07, 2019 5:45pm
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Post# 30432637
from SEDAR - Revenue
from SEDAR - Revenue Revenue
The Company recorded $113,501 revenue in the fourth quarter of fiscal 2019 compared to $1,195 in the same period in 2018, an increase of 9398%. For the fiscal year 2019, revenues decreased by 44% to $113,732 from $202,330 in the same period of 2018. Revenues are from the sales of LFS scintillation crystals (imaging division) to PET OEMs and scientific organizations that are testing and using our products. Due to specific customer requirements the timing of sales and revenues can fluctuate significantly. The Company has firm commitments for future delivery of crystals.