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Bullboard - Stock Discussion Forum United Protection Security Group Inc V.UZZ

TSXV:UZZ - Post Discussion

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Post by Halaboo on Nov 30, 2012 2:50pm

Q3 vs Q2 2012

Revenue is down from Q2 to Q3.  SGA up.  Net income down slightly.  Cash down slightly.  Receivables up to 8.9 Million - of which  4 mill is 31 days plus, 984K of this is over 91 days?   A/P up 4.1 mill to 5 mill?  US credit facility so need to watch foreign exchange.  Could be a juggling act.
Comment by theinvestor22 on Nov 30, 2012 5:14pm
Halaboo, I don't think you can compare quarters sequentially for UZZ given that there's some seasonality to the business.  Electronic Security is usually higher in Q2, for example, and Physical Security is usually higher in Q3.
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