Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Revenues of $27.6M for Q1 2016, an increase of 36% over Q1 2015
Gross margin of 33% with Adjusted EBITDA of $0.8M
Positive cash flow from operations
Q2 2016 Revenue Guidance of $41-43M representing 53% growth and Adjusted EBITDA of 8-10%.
FY 2016 revised Revenue Guidance upward to $180-190M representing 40% growth (20%+ proforma organic growth) and Adjusted EBITDA of 10-12%.
LMAO sure you did! LMAO!!
I dunno, you tell me since you're the expert!
Gotta love an awesome growth story!!
Warning you to read the qs and ks and reverse your short position IF you have one.....shorties are going to burn hard in the coming weeks/months!
"We operate at about a $100M break even... so for every $M in sales above $100M about 26% of sales drops straight to the bottom line"
Sees Q2 Rev. $41-$43M vs. Est. $38.6M, FY16 Rev. $180-$190M vs. Est. $178M
Reports Q1 EPS $(0.16) vs. Est. $(0.18), Rev. $27.6M vs. Est. $26.8M
http://ir.rvlti.com/press-releases/detail/581
VRNG/FH board/sp/stock was/has/is a joke ever since cafc. lol i'm not surprised by the sp reaction....gotta keep the peeps dancing to the music!
what's with the change in tone? this is disciplined? lol cautious at .01xx but not >.01
I am tempted but am being disciplined now. I have added to my limit and should really only add on news that is positive.
my thoughts exactly! I'm so soo curious!
We don't and I can't make $.
I don't short stocks, so it'd be hard for me to profit.
The calls I've made have been scrutinized, yet I set my emotions aside and let the action dictate itself. It feels like it'll flush below .01, so read into that however you'd like.
Sub-penny land here we come!
I'm going to go with more dilution that'll lead the nosedive into sub-penny, yes I said sub-pennyland! I'll go with a RS thereafter to piss on common.
Many thought I was crazy at .40/.30/.20/.10/.05/.03(SUPPORT lolol)/.01xx, yet here we are!
We'll see how the stock trades/trends/slants etc. GL
It has to be dillutive stock.
institution? lol oh please!
On May 2, 2016, Bank of America delivered, subject to certain terms and conditions, its consent to the TNT acquisition and agreed to adjust the ownership threshold of our largest beneficial holder, Aston Capital LLC, an entity controlled by our Chairman, Chief Executive Officer and President, upon which a change in control of us would be deemed to occur, from 51% to 35%.
lololol Haha!
If you read the filings.....diluting the common won't occur until 2Q. 1.2M shares to be exact. Keep it factual next time!
2.3 for ebitda and also adjusted ebitda of TNT? Sounds like a great price, diversified services too
http://stkw.it/bD0j
yup 1.2 M to be exact during the 2Q diluting the common
TNT Energy, LLC $RVLT
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11353385-1135-19489&type=sect&TabIndex=2&companyid=9840&ppu=%252fdefault.aspx%253fcik%253d917523
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11353531-1099-177107&type=sect&TabIndex=2&companyid=9840&ppu=%252fdefault.aspx%253fcompanyid%253d9840
On May 2, 2016, Revolution Lighting Technologies – TNT Energy LLC (the “Acquisition Subsidiary”), a Delaware limited liability company and a wholly owned subsidiary of Revolution Lighting Technologies, Inc. (“Revolution” or the “Company”), entered into a membership interest purchase agreement (the “Acquisition Agreement”) with TNT Energy, LLC, a Massachusetts limited liability company (“TNT”), and Timothy M. Blanchard and Theodore A. Carmone Jr. (each a “Member” and collectively, the “Members”). Pursuant to the Acquisition Agreement, the Company, through the Acquisition Subsidiary will acquire all of the outstanding membership interests of TNT. The Acquisition Agreement contains customary representations, warranties, covenants and indemnities. The acquisition of TNT remains subject to various standard closing conditions, including the entry into employment and non-compete agreements with TNT’s key employees, the receipt of certain consents, the absence of any material adverse effect of TNT and the entry into a lease.
TNT is a turnkey provider of LED lighting-based energy savings projects within the commercial, industrial, hospitality, retail, education and municipal sectors. TNT’s headquarters are located in Raynham, Massachusetts with additional offices located in Westfield, Massachusetts. The acquisition of TNT is expected to expand the Company’s footprint within key lighting retrofit markets in the northeast. The Company believes this is a direct complimentary fit with the Company’s division, Energy Source, based in Providence, RI. In addition to its broad existing customer base, TNT is a contract vendor for the Small C&I Business Programs of northeast utility companies, with a defined territory of approximately 120 municipalities throughout Massachusetts.
The aggregate consideration under the Acquisition Agreement is approximately ten million dollars ($10,000,000) (the “Closing Purchase Price”). The Closing Purchase Price will consist of (i) approximately eight million dollars ($8,000,000) in cash (the “Cash Consideration”), subject to customary working capital adjustments (paid to the Members in accordance with each Member’s pro rata ownership interest in TNT as of closing), and (ii) one million dollars ($1,000,000) to be paid pursuant to the issuance of promissory notes in the amount of five hundred thousand dollars ($500,000) to each Member (“Promissory Note No. 1”) and (iii) one million dollars ($1,000,000) to be paid pursuant to the issuance of promissory notes in the amount of five hundred thousand dollars ($500,000) to each Member (“Promissory Note No. 2”, and collectively, with Promissory Note No. 1, the “Promissory Notes”). The Cash Consideration is expected to be financed through a registered offering of the Company’s common stock, par value $0.001 per share (the “Common Stock”) pursuant to the Company’s effective shelf registration statement on Form S-3 (File No. 333-199510).
Interest accrues on the Promissory Notes at a rate of five percent (5%) per annum and Promissory Note No. 1 and Promissory Note No. 2 mature on the twelve month and eighteen month anniversary from the date of issuance, respectively. Promissory Note No. 1 is secured by an irrevocable letter of credit that has been provided by an affiliate of the Company’s largest stockholder, RVL 1 LLC. The principal amounts of the Promissory Notes plus the interest accrued thereon may become payable prior to the maturity dates of the Promissory Notes under certain circumstances as described in the Promissory Notes.
Commencing on the period beginning January 1, 2016, the Members are entitled to receive earn-out payments of) up to $2.5 million, collectively, for each of 2016 and 2017 in the event that TNT achieves revenues of $32.5 million and $34.0 million, respectively, and EBITDA of $4.5 million and $4.8 million, respectively. In addition, if the aforementioned revenue targets are exceeded in the applicable year, the Members can earn an additional earn-out payment for each of 2016 and 2017, equal to 50% of the excess over the aforementioned EBITDA amounts, up to $1 million each year. The amount of any earn-out payment, if earned, is payable in cash or shares of Common Stock, at the election of the Company, with a minimum of fifty percent (50%) to be paid in cash and will be paid to the Members in accordance with each Member’s pro rata ownership interest in TNT as of closing.
A significant portion of the purchase price will be amortizable and deductible for federal and state income taxes.
Oh you mean this article? Thank you for updating the board about this!
Revolution Lighting Technologies Is Growing Rapidly And Significantly Undervalued Relative To Peers
http://seekingalpha.com/article/3968736-revolution-lighting-technologies-growing-rapidly-significantly-undervalued-relative-peers
-- JGR Capital Partners
Lots more room to run!! Shorts have been warned! Nice close today!
Resistance/next levels $7.01/$7.51/$8.15/$10
RVLT set to zoom into the double digits $$$
lol someone is frying their shorts right now
Let's take a look at a weekly chart since 2007, with the following indicators: macd, mfi, accDist, RelativeMomentumIndex (RMI)
still nothing going on.....Accumulation movement clearly shows a shift since Jan. 2015.
http://www.egischat.com/forum/viewtopic.php?f=7&t=288&p=2403#p2403
Means the Party is OVER! It's been OVER for many many weeks/months! Y'all living a pipe dream, if you think this is rising from the dead.
Looks like no .03c support here
Sub .01 will be here soon and all the excuses will be pouring out.
How about release the data for us to see!
"Now that we are armed with hard test data "
NOTE 13 - SUBSEQUENT EVENT
The company received an additional $56,500 in January and February under the Convertible Debenture signed on October 30, 2015 with the face amount of $405,000
The convertible debt holder converted $125,000 worth of debentures for 11,271,666 shares of common stock during the first quarter of 2016.
Still $280,000 left on the notes that need to convert.
Recent developments
On May 8, 2015, the Company issued convertible debentures to an accredited investor. The total principal amount of the debenture is $300,000 with maturity date of November 8, 2015 and a zero percent interest rate. The debenture is convertible into shares of the Company’s common stock at the lower of the fixed price ($0.89) or fifty five percent (55%) of the average of the three lowest trading price for 20 trading days prior to conversion.
(Proposal No. 2)
We currently have 150,000,000 authorized shares of common stock. As of March 17, 2016, 128,623,807 shares of common stock were outstanding; 31,183,333 shares were reserved for issuance to a noteholder; and 9,350,000 shares of common stock are needed for issuance subject to outstanding awards under the 2007 Option Plan. Our chief executive officer has agreed not exercise any of his options if there are an insufficient number of authorized shares to cover all outstanding convertible securities.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11278749-1068-81473&type=sect&TabIndex=2&companyid=868&ppu=%252fdefault.aspx%253fcik%253d1961
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11314703-64505-65831&type=sect&TabIndex=2&companyid=868&ppu=%252fdefault.aspx%253fcik%253d1961
Who cares if he does the math on the 45%.....45% return on a dollar/5x/10x/10000x is 45%. Anyone would take 45% return on an investment/trade immediately and let some ride.
Bingo
Clearly, none of us know how they will act (and I haven't even confirmed if there is another convertible tranche coming due), but my point is simply the 'assumption' they will sell may not be valid for the reasons above.
I won't be sorry. You'll be :p
GL - go read the Qs/Ks/4s/etc. to educate yourself.
expecting $7 soon. bull flag couldn't hurt plus early May is when the next Q report is....clear $6, it'll move quick
If it exceeded expectations then I'm looking forward to seeing them