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Re: Level2Me post# 38849

Friday, 03/06/2015 8:31:42 PM

Friday, March 06, 2015 8:31:42 PM

Post# of 63559
Someone else mentioned VSLR:

Here is their Q3:
http://amigobulls.com/stocks/VSLR/income-statement/quarterly

Showing about 8mil rev, and net loss 35 mil.

Lets assume 100% of that is leasing.

Would it be true to say the revenue is all the "couple hundred" dollars per customer that they are receiving from the total of all paying customers, and the loss is based on the system installs for that quarter? (probably more complicated I'm sure, but thinking out loud here...)

So really they only installed ballpark 35 million worth of solar in Q3? This would mean we are really about 1/3-1/4 their size? (Using Jims 2015 40-45 Annual rev/4) Alex/SCJ or anyone else validate what I'm trying to get at here? Seems like their giant size is all smoke and mirrors (leasing gimmick)...