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Bullboard - Stock Discussion Forum Wanted Technologies Corporation V.WAN

TSXV:WAN - Post Discussion

Wanted Technologies Corporation > Huge margins drop vs. last quarter
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Post by mlmack on May 21, 2014 10:00am

Huge margins drop vs. last quarter

$0.032 profit on $3.0 million revenue vs. $0.042 profit on $2.3 million revenue, looks like margins are being squeezed. Also next quarter $3,000K - $703K one time deal - $345K from reseller leaving = $ 1,950K revenue for next quarter + any increase Q/Q. They may lose money next quarter !!!
Comment by rationalexuberance on May 21, 2014 10:43am
are you comparing subsequent quarters?  the year over year comps look spectacular but i can't help but think anyone buying the stock today hasn't read the previous news release concerning the loss of the $1million / month customer;  if those numbers are right, they've just lost their entire revenue stream; i agree that the next quarter may be a loss; i have no idea why the ...more  
Comment by Muncher on May 21, 2014 12:48pm
It was 1 Million quater.
Comment by KThomson on May 21, 2014 1:44pm
Its one million $ a year.... NOT a month, Recurring revenue Q2 2014 INCLUDING lost reseller: 8,1M Recurring revenue Q3 2014 EXCLUDING lost reseller 7,3M They already got 200k back on the books, they need another 800k to catch-up, its a set-back but 25% growth of recurring with the smaller sales team might higher with the bigger team they say they hired.  They need 35% growth to erase the ...more  
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