RE:RE:RE:RE:RE:RE:RE:Another chuck is purchased ....Record contracts inked during a fiscal year, to be translated into full "revenue" over 6 to 18 months from the time of the signing. I think we need about $21 million in annual "revenues" to break even. You are right, because of timing, $27 million in signed contracts does not necessarily ensure profitability over a year. Hence my opinion that inking $27 million in a fiscal year is good (to start the new era), but needs to be followed up with a 30% growth the next year to get us into a territory where signed contracts during the year will guarantee us a profitable year from the outset of a new fiscal year.
Dragunov wrote: panapple42 wrote: Highest yearly sales ever recorded. SP does not move. That fact is even scarier to
long term investors...
Not sales but backlog split over God knows how long. Also, the revenues generated from said record-breaking backlog are barely enough to break even.