RE:RE:Is IFA a net net?prophetoffactz wrote: Method wrote: Anyone else still involved with this? Seems to be trading at working capital now. I expect this quarter (ended September) to be tough on costs because of shipping but those are trending down big time.
About halfway through Q3 with the release of the Q2 financials this was stated:
"With orders and inventory in hand for Q4 (traditionally our largest revenue quarter), 2022 looks to be on track for another record year for the Company. Taking recently announced license agreements into account, I have every reason to believe that this record setting momentum will continue in 2023," concluded Mr. Karon."
I expect costs to be elevated in calendar Q3 (fiscal Q4) but revenue growth should be strong this year and next. I spoke to Karon a few weeks ago and he seems to think they don't need anymore equity which makes me think the stock is too cheap down here.