SunWorks Inc (SUNWQ): Looking at the numbers With the win...

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StockRam

Re: None

Monday, 08/04/2014 9:22:33 AM

Monday, August 04, 2014 9:22:33 AM

Looking at the numbers

With the winery contract of 3 mega watts of solar we will have huge quarters in the 3rd and 4th quarter. Commercial costs per watt of installed solar is currently running around $4.00 per watt of and 3 mega watts equals 3 million watts for a total of 12 million dollars. I'm sure part of this will be in the 3rd during install and the rest during the 4th since they calculate the completion date in November. Including the backlog of 10 million reported in May, this should be huge!! I'm going out on a limb here and going to say that they have over 100% increase in revenue and will say around 17MM - 20MM which would be 8MM from backlog (I'm sure some was installed in the 2nd), 6MM from winery and an additional 5 from new residential/commercial/agricultural during the 3rd quarter. We should have 10-20MM backlog in the end of the 3rd. HUGE HUGE HUGE!!! I have 150k now and I'm adding more on any dips.