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Bullboard - Stock Discussion Forum Medivolve Inc MEDVF

Medivolve Inc. is a Canadian healthcare technology company. The Company and its subsidiaries, Medivolve Pharmacy Inc. (doing business as Marbella Pharmacy) and Kedy Ying Jao D.O., a Medical Corporation, operate a distributed network of two retail patient-care locations in California, United States. It has two business units: Medivolve Pharmacy Division (MPD) and Medivolve Clinic Services... see more

OTCPK:MEDVF - Post Discussion

Medivolve Inc > Q3 Earnings Report - Sept 30th: Min. $ 3 million in sales
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Post by Hiddensecrets on Nov 23, 2020 9:15pm

Q3 Earnings Report - Sept 30th: Min. $ 3 million in sales

Q3 Earnings report should be released by November 30, 2020 or next week. 

I am expecting at the low end $ 3 million in sales, top end maybe $ 4 million.

This revenue comes from Columbia having sold 750,000 covid19 kits at $ 4 each, funds were used to pay down loan of $ 7.7 million.   There were other launches during the quarter but I ignore home much they brought in. 

For Q4 - October to December 2020, should show ROBUST revenue, how much is anyone's guess, but we will have 415 units on December 31, 2020, each with strong demand, so do the math.

And for Q1 - January to March 2021, it will be BLOCKBUSTER revenue as we are going to shoot up towards the 2,000 units testing center.

And for Q2 - April to June 2021, demand will be ferocious as we may be doing vaccine, antibody and antigen....

Covid19 will be here for a long time as it is out of control around the world.   Even if they vaccinate 1 billion people in 2021, there are still close to another 7 billion that need vaccinations.   It will takes year.

Quescap said normal may return in the middle of this decade meaning 2025 and not earlier. 

MPO
Comment by optex1972 on Nov 24, 2020 2:53am
  im not sure on dates and I mean who is? Hard to say but yes the numbers do make sense and even if our first is over a million there's tons other stocks way higher market cap higher share price bringing in nothing for cash. Each Quarter will show more and more earnings and like you said when October - January is shown and therefore after those numbers imo are going to be outstanding ...more  
Comment by wembley on Nov 24, 2020 8:07am
Q3 Earnings are irrelevant.   
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