TSXV:RHT.H - Post by User
Post by
mingzhuon May 31, 2023 12:01am
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Post# 35471639
revenue increased 15% Q v Q, not great, but 3 things are
revenue increased 15% Q v Q, not great, but 3 things aremuch better than my estimates: 1, $730k real profit, that is the first in entire history of RHT. 2, EBITDA was $1.4m,. 3, gross margin 68%. Hardware sale was close to my estimate, software was not. The reason was 70% compliance revenue can be only reflected 3 months later, in the current Q. I expect Q4 software will be $6m.