RE:RE:RE:RE:RE:FianancialThank you very much for the link. I read the report and as we all know this is a kind of start up even if they are in busuness since many years, revenue are small for 2023 with only 1 Hexwave deliver and cash at y/e is very small too.
They raise money in qrt1 and receive money from Viken to keep going in 2024.
I am surprised that they deliver only 1 Hexwave in 2023 they signe multiple contract in 2023, how many will be deliver in 2024, Viken will receive 30 and i hope that with all the signed contracxt that they will deliver another 30 for a total of 60 at $120,00 that is over 7 millions of revenue for Hexwave so revenue for 2024 could be around 7 to 10 millions, profit i have no idea i would think that the cost to build these Hexawe isn't that high so the profit margin could be very good.
We will have a better idea with 1qrt results
Xtract one should have revenue around 12 to 15 millions in 2024 and they are trading around $0,50 with 50 millions more share on the market.
2024 could be interesting
Have a good day and thanks again.