Post by
DudeRancher1953 on Nov 23, 2022 6:09pm
From today's press release
Quote from Eric:
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Eric Caton, President and CEO said, "We are very pleased with the Year End results and we continue to see the Company well positioned to grow its core business and increase market share however while revenues have increased by 9% overall in the year over year, the loss of the SOLGEN contract is expected to negatively affect the Company's revenues by approximately 40%" and may affect Net Income by up to 90% pending additional business".
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That last sentence is a bit scary IMO.
Comment by
pibopibopibopib on Nov 23, 2022 7:21pm
Maybe scare but the cash --2 362 677 $-- and the cash flow--2 167 495 $--is about 4 530 142 $ in solid cash now. The amount give the same cash than the market cap today-- 4.470 000. All the intangible and tangible aren't take place in the space.