Q1/23 Rekor Key Financial Results
- Revenue: US$6.19m (up 71% from 1Q 2022).
- Net loss: US$12.7m (flat on 1Q 2022).
- US$0.23 loss per share.
Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 15%.
Looking ahead, revenue is forecast to grow 57% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.
https://simplywall.st/stocks/us/software/nasdaq-rekr/rekor-systems/news/rekor-systems-first-quarter-2023-earnings-misses-expectation
- Rekor
sp US $2.28 or about $3 CD -Revenue is expected to grow 57% on average for next 2 years.
Now look at QTRH:
-
sp $1.48 CD - If $500M annual revenue could be achieved by 2025300% growth), with 15% margin /15 multiple, ,SP could be $ >$9 CD or about
$6.7 USD (about 600% increase). High probability in my view.
-Now QTRH has everything to run (government funding, markets/opportunities, state of art technologies, world class assets, great track records, about >$600 m revenue backlog etc). Now it's time for new management to show the capability to deliver..
good luck