Post by
mingzhu on Mar 01, 2022 10:12pm
my estimate 0f $2.5m revenue is pretty close to 2.18m.
a little bit higher only because 3 month real revenue delay instead of 2 months( i said 60 daya in my estimate) So the revenue acturally was July, Aug, and Sept. It is pretty goood report indeed. It would look much better if excluding legal fee and $1m settlement. I expect next report will be close to real profit, at least make even.
Comment by
mingzhu on Mar 01, 2022 10:34pm
"revenue run rate is a leading indicator of revenue which is expected to be recognized approximately three months later."