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Re: realist1 post# 257929

Thursday, 03/10/2016 10:39:58 AM

Thursday, March 10, 2016 10:39:58 AM

Post# of 345997
realist1, you assume revenue per quarter of 6 million. This is not realistic given the current year revenue of 40 million. Not to mention the backlog of confirmed orders approaching 60 million.

Gross revenue doesn't mean much but the gross profit on 15 million would be about 6 million, which is more than the g and a 4 million cited.

Not saying a profit is likely, but Peregrine is getting close to the break even point.

GLTA, Paul
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