GREY:FUNFF - Post by User
Comment by
Doozeron Aug 30, 2021 4:10pm
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Post# 33782924
RE:EArnings due out in another 60 mins! McBookie is going to
RE:EArnings due out in another 60 mins! McBookie is going to Easy on the ongoing pump job.
Earnings will likely be -.01/share, reported tomorrow at either start or EOD, and while McBookie volume and rev will be decent and continue to build momentum, cost of sales will still be high (like 50% of rev) until they migrate the license and tech to in-house at the start of Q1 of 2022. They also have a shi* load of intangibles that are amortized every quarter...something in the order of 450k/quarter.
Balance sheet will look good and even better next quarter once the recent financing is reflected. Go forward looks promising, but idk wtf you are expecting for this interim financial statement.
GLTA the longs.