TSXV:RHT.H - Post by User
Comment by
mwddudeon Mar 02, 2020 10:05pm
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Post# 30758953
RE:RE:RE:Being cautiously optimistic pays off, QR is a decent one
RE:RE:RE:Being cautiously optimistic pays off, QR is a decent one
Aei, I agree with what you just posted. But many people who listen to these webinars are not actually paying attention to the careful wording LC is using. 'Revenue' is a very loose term. And LC knows that. And that is why she used the term 'revenue' as opposed to 'sales'. The balance sheet purists don't wanna like it, but they cannot dispute the wording of her guidance. Just like you, I would have liked the 'sales' item line to be 600k or more... Due to IFRS 16, the 536k in billed sales has to be lumped into next ER. Good knowing we already have 536k billed for next quarter's 'sales' numbers. The future is looking excellent.