TSXV:RHT.H - Post by User
Comment by
lscfaon Jan 12, 2023 3:57pm
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Post# 35219475
RE:Fundamentals/Guidance
RE:Fundamentals/Guidance The appreciation in the US dollar is hiding the fact that Reliq is dropping its prices, probably to generate business....
Announced | Service | Monthly rate $C | Fx rate | Monthly rate $US |
Jan06/23 | SAAS | 40 | 1.34 | 29.85 |
| Call center | 25 | 1.34 | 18.66 |
Apr21/22 | SAAS | 50 | 1.26 | 39.68 |
theinvestor22 wrote: I'm sure there are lots of people, myself included, who would like to see SaaS revenue growth approach the numbers given out as estimates by the CEO, but keep in mind that CEO statements are not fundamentals. If you were to graph actual SaaS results over the last couple of years, you'd see something going nicely up and to the right. That represents one of the the fundamentals. My conclusion here is that the CEO should stop giving guidance, talk more about actual progress, explain the potential and let the numbers speak for themselves. No detailed estimates please.
Anyone who expresses frustration about the progress of the business has a point, but it's there nonetheless and it's plain to see.
Anyone who wants to see monthly internal reports is dreaming in technicolor, although I do understand the sentiment.