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Re: None

Wednesday, 03/04/2015 2:29:22 PM

Wednesday, March 04, 2015 2:29:22 PM

Post# of 6062
Looking beyond the annual report and into 2015



In 2013 the first q showed revs of a little over a million and an operating profit of about 100K.

Last year revs grew by 25% but they reported a loss. I hope they learned from this and are able to grow while maintaining profit.

Their first q should also get a boost from Something Wonderful tickets being on sale already. I suspect most of the tickets purchased will be just prior to or at the event during the second q but all of the tickets they do sell early will be icing on the cake for the 1st q.

If they have similar growth in the first q as they did last year then the 1st q could have revs of $1,575,000. If they learned from last year and return to profit margins from 2013 then they could have a very nice profit in the 1st q and that would not include any early sales revenue from something Wonderful.

Then when you look at the 2nd q last year they had an operating profit of 174K on 1.65 mil in sales and that was without something Wonderful. The 2nd q shld be huge this year. So lets assume another 25% revenue growth and then add some one time revs for Something Wonderful. I dont really know how big Something Wonderful will be but the Cotton Bowl is huge. Let's be conservative and say it will be about the size of last years something wicked which saw about 1.1 mil in revs.

1.65 mil times 1.25 = 2.0625 mil plus 1.1 for S.W. means 3.06 mil in revs for the 2nd q.

Now what if Something Wicked becomes a week long event like they have talked about?

The possibilities here are tremendous.

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