Post by
Mongoose on Apr 23, 2021 1:13pm
Reminder
Just a reminder that Lisa has stated that profitability will be reached in Q4 2021 which is from Apr to Jun 2021. The upcoming financials in May reflect Q3 - Jan to March 2021.
It is not clear whether the profitability point is reached ( $0.5M / mth ) in Q4 or the whole Q is profitable. I'm guessing the former.
Based on that, what I hope to see from these upcoming financials is a bridge from Q2 revenue to Q4 revenue. Revenue for Q2 was $0.417M or about $0.139M/mth and projected Jun revenue is $0.5M/mth. So if there was a steady ramp up, we should see revenue for each mth increase by $0.06M as below :
Jan $0.2M
Feb $0.26M
Mar $0.31M
Total Q3 $0.77M
Apr $0.36M
May $0.42M
Jun $0.5M
Total Q4 $1.28M
So I'm looking for $0.77M for Q3 as a revenue target - a 85% increase from Q2. As I have mentioned previously, I'm not interested in the details of on-boarding rates, churn, etc., just straight financials especially revenue as this is primarily a growth stock.
Comment by
ImpIications on Apr 23, 2021 1:43pm
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Comment by
ImpIications on Apr 24, 2021 9:14pm
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Comment by
lscfa on Apr 23, 2021 1:53pm
I think she should use the term breakeven instead of profitability. $0.01 is profitable but negligible.
Comment by
Mongoose on Apr 23, 2021 2:23pm
Iscfa - I get your point. But whether it is break even or slightly profitable, the main point the market is hoping for is that the " goal " is reached and on time thus establishing her credibility and future potential to meet more aggresive goals.
Comment by
ImpIications on Apr 24, 2021 9:31pm
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Comment by
aaaaaargh on Apr 23, 2021 2:28pm
A very fair assessment of expectations.