Bullboard - Stock Discussion Forum Zecotek Photonics Inc ZMSPF

Healthcare Medical Devices

Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs... see more

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GREY:ZMSPF - Post Discussion

Zecotek Photonics Inc > from SEDAR - Revenue

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Post by schelbibbes on Dec 07, 2019 5:45pm

from SEDAR - Revenue

Revenue

The Company recorded $113,501 revenue in the fourth quarter of fiscal 2019 compared to $1,195 in the same period in 2018, an increase of 9398%. For the fiscal year 2019, revenues decreased by 44% to $113,732 from $202,330 in the same period of 2018. Revenues are from the sales of LFS scintillation crystals (imaging division) to PET OEMs and scientific organizations that are testing and using our products. Due to specific customer requirements the timing of sales and revenues can fluctuate significantly. The Company has firm commitments for future delivery of crystals.

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