RE:RE:RE:BABY STEPSShould add cash on hand only changed by $153,786 from Q4 to Q1. $6,597,187, to $6,443,401
So if Q2 stays close to Q1 numbers and we have positive EBITDA, positive warrant valuation, a closed deal, $6 million in the bank and the start of Aristotle revenues you still don't think the market will like it?
Obviously the future is in Aristotle so much will depend on how many tests so far and the communication from Tripp and Care on the path forward. But a positive Q2 will move us out of this range.
LithLover wrote: Disagree. The operating expenses in Q1 were $1.7 million. Assuming they stay close to that and revenue is similar from covid of around $2-2.5 million and the start of revenue for Aristotle and they will be profitable. Factor in that the warrants and debentures will be a favorable adjustment given the lower share porice and higher Canadian dollar and we could see the first profitable and positive quarter. Financials come out Aug 16 so even a slight delay on the Care Oncology deal and it should still close before Q2 is reported.
So we could see a positive EBITDA, a positive warrant valuation and a closed deal.
frewil11 wrote: The market will not like Q2 results one bit , it is good that the company will have brought in good revenue from Covid testing but it will be zero from aristotle wich the market will not like .