Post by
Edcando on May 02, 2022 10:35pm
Fins
So fins are out and they were less than I was anticipating. I just going rough guesstimates from news I was expecting $250-$300k(+?) for the year. Maybe iscfa or someone here can make better sense of the fins/md&a but I just realized I saw something along the lines of $129k paid in deposits and that it wouldn't go on books as revs until "order is satisfied" or whatever it is they say along those lines . We've seen this before. I'm not trying to make excuses at all, but the figure I saw as deposit is pretty much bang on to what I feel is missing from our yearly revenues. If that part is current and accurate then it would make sense since the order was broken up into 2 tranches . Maybe the order isn't considered complete until the second half went out Q1.? If that is the case then I'm right back from annoyed to whoop whoop lol. Hey Q1 is expected out end of May and they've always been on time. If the revs show $250k from tabketz plus whatever else from ANB then the only difference in my recent renewed optimism is a column on an income statement (q1 instead of some on Q4). Either way I guess we find out end of month. Lol
Comment by
Edcando on May 02, 2022 10:37pm
Sorry those figures expecting USD
Comment by
lscfa on May 03, 2022 1:20am
Deferred revenue is climbing due to deposits received.
Comment by
VeritasVern on May 03, 2022 3:38am
Deferred revenue in 2021 was $237,221. If correct that should have been added to the $81K for a total of $315 K?
Comment by
Edcando on May 03, 2022 9:38am
If that's the case then it's even a little better than I was anticipating and we should have numerous reasons to be/remain excited with the potential and growth here. If not then not so much lol. I wish I was better at reading all that because this is quite the buying opportunity if so . Hopefully get some confirmation sooner than later . GLTUA
Comment by
lscfa on May 03, 2022 10:19am
Cost of sales higher due to higher freight fees. Why the hell is co. absorbing this price hike? Pass it on to customers.