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Lite Access Technologies Inc V.LTE

Lite Access Technologies Inc. provides fiber optic products and advanced installation methodologies. The Company offers integrated solutions for all types of telecom requirements. Beginning with a comprehensive project analysis to engineering, design and permitting, it offers a full complement of aerial and underground construction methodologies, including splicing, testing and maintenance. The Company's segments include product sales and fiber optic installations, based on the type of products sold and services provided. Its products include Direct Bury, Aerial Micro-Duct and Fiber Optic Mini-Cables. Its additional products also include fiber-optic cable, aerial micro-duct, low fire hazard micro-ducts, connectors and sundries. Its items include a cutting head, Shark Blades and the LiteXtend solution. Its end-users include homes, businesses, government and educational institutions, and emergency response facilities. It also offers breeze cable blowing machine and cutting equipment.


TSXV:LTE - Post by User

Comment by FTTHFanon Jun 29, 2020 11:41am
134 Views
Post# 31203159

RE:I think the Short Interest tells the truth in whats coming.

RE:I think the Short Interest tells the truth in whats coming. fiscal 4Q I think they were looking at $11m in topline. Even if this is the only contract they get between now and the EOY (highly doubtful) then the run rate entering fiscal Q2 would likely be around $16-17m. That's a 14x year over year.
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