Post by
Hopefulhomerun on Mar 23, 2021 1:33pm
Historical Financials
Revenue and Net Loss figuers:
Fiscal year ending April 30, 2016 = $1,354,000 in Revenue .... $1,513,000 net loss
Fiscal year ending April 30, 2017 = $2,751,000 in Revenue .... $1,043,000 net loss
Fiscal year ending April 30, 2018 = $3,046,000 in Revenue .... $1,116,000 net loss
Fiscal year ending April 30, 2019 = $2,643,000 in Revenue .... $1,359,000 net loss
Fiscal year ending April 30, 2020 = $1,687,000 in Revenue .... $1,814,000 net loss
So far, for the 1st 9 months of fiscal year 2021, revenue = $2,497,000 and net loss = $174,000.
Projected revenue for full year for 2021 sounds like it will be atleast $3,500,000..
So, from a revenue and net loss perspective, they look like they are heading in the right direction, and they should have their best year in a long time. However, and in addition to Alusion, they certainly need to hit on one of their other initiatives in order make things exciting/worthwhile.
Fingers crossed, and GLTA
Comment by
woodman4 on Mar 23, 2021 8:05pm
I wonder if anyone has a sense on what other area is most likely to see success?
Comment by
aneleg on Mar 24, 2021 9:25am
Me sense that Alucoil is the opportunity that is the most realistic, but it is being delayed once again. Teseract made excellent advance in a short time. If they get an order it will open a huge opportunity. Military order would be great and reasonably certain as well as the bullets, but these will not be a home run
Comment by
aneleg on Mar 24, 2021 11:01am
Me sense that Alucoil is the opportunity that is the most realistic, but it is being delayed once again. Teseract made excellent advance in a short time. If they get an order it will open a huge opportunity. Military order would be great and reasonably certain as well as the bullets, but these will not be a home run