1Qrt resultsCompare to 4qrt 2023.
Revenue increase $640K which is 6,5% not impressive
Gross/profit increase $55k which is 21 % good
Ebitda improve by $630k good.
The road for profatibility is there but speed limit is very low only 6,5% of revenue growth compare to qrt4 2023. Do a comparaison with qrt1 2023 is not good that qrt was a disaster not even 6 millions.
Personnaly i was expecting a much better qrt for the revenue and a Ebitda at 0 or very close.
They are expecting an improvement of 1 to 2 millions for the Ebitda in 2024 that's nice but the market wants more then that. It looks like we will be sitting around $0,08 for a while again, they could have give good guidance for 2qrt, no they are waiting after the US now, so the investors will have to wait after the US too i beleive. Does it worth to wait another 3 months for about the same results????