InvestorsHub Logo
Followers 189
Posts 12008
Boards Moderated 0
Alias Born 06/22/2012

Re: RGali post# 99346

Wednesday, 04/22/2015 1:12:20 PM

Wednesday, April 22, 2015 1:12:20 PM

Post# of 122994
They only make sense in a kind of vaguely terrifying way if you consider how much they indicate the proportion of total sales coming from Russia. According to the 10K:

Sales to customers in Russia represented 55.9% and 36.1% of total sales for the years ended December 31, 2014 and 2013, respectively.



If Russia accounted for 55.9% of the dismal $1.068M in sales for the year, that is $597K in revenue in a year that he has to find elsewhere, just to equal his worst year in the last 6 in terms of revenue.