Post by
Blitzkrieg on Apr 20, 2021 9:01am
BACK TO GROWTH!!!
According to latest Q4 results, company expects top-line increase of 30-40% for 2021!!
Disappointed they didn't beat top-line year over year....Cost cutting measures and improvement in margins seems to offset the 12% revenue decline...interesting that their cash and cash equivalents went up $2 million to $5 million...forward guidance is key and looks good.
Comment by
BCdude on Apr 22, 2021 2:19pm
Revenue projections look good. But if you look at the Dec 2020 balance sheet and cash flow statement you'll notice that cash and cash equivalents went DOWN $3.3 million. Hopefully the uptick in business means they can make progress without another equity raise.
Comment by
Blitzkrieg on Apr 23, 2021 12:38pm
yes you are right...Thank you...I must've misheard on the ER CC.