RE:RE:RE:Results!lscfa wrote: Adj. ebitda per share = $0.077 x 10 multiple = $0.77 fair value.
So are you saying these are actually good results -- again, relatively speaking?
I have never been good at understanding all the numbers -- just looking at the revenue line for this quarter compared to the last few. Is it that we did not make more but we spent less?
Revenue = 9147, 7227, 6611, 6338 - downward trend.
Profit = 3013, 2912, 2964, 2895 -- mostly flat.
Oper. Exp.= 2562, 2469, 2542, 2451 -- also mostly flat.
Other Exp. = 381598, 1058321, 284, 0 -- precipitous drop (litigation cost?)
So eliminating all litigation cost has now brought us to a point where the business can show a flat line operating profit for the last 4 quarters:
Q32020 = $451K
Q42020 = $443K
Q12021 = $422K
Q22021 = $444K
"Devices and Appliances" revenue down significantly over the 4 quarters.
I thought that was supposed to be the life blood of the Corporation? It is supposed to be the segment in business that is really hot - cyber security! And yet it is going nowhere. And this is the segment they spent million+ on litigation? Why, at this point it appears to be a loser.