Novra Technologies Inc V.NVI

Earnings should be out soon.

[mlmack]

Probably the end of the month. With $5.9 million backlog and $1.3 million in deferred revenue Novra should have a very good year. $7.2 million was the 2021 revenue total and they were EBDITA positive with a profit. Results will be lumpy with supply chain being the problem but either Q1 or Q2 should be a blowout. At $0.09 this is a steal for those who show a bit of patience.

[mlmack66]

Still delays delivering the backlog which now stands at $5.7 million and $1.1 million in deferred revenue. They stated shipments against backlog have begun to ramp up so Q2 should be much better, I guess we'll find out in late August.

[john378]

It is amazing how in such a desperate socio-economic environment where their satellite receivers  that they loosely imply have been sold but can not be shipped or installed, that people still manage to buy a Big Mac at a McDonalds drive thru and go to sporting events. They must be doing so in the dark of the night and paying off the armed militia that are guarding every street corner. It is

[theinvestor22]

Thanks for your sage advice and drama.  Especially the drama.