On4 Communications Inc (ONCI)

[Breezerunner]

How do sales from PRs translate to the reported fins?

I've tracked all PR sales contracts since 2016 and am recording estimated monthly revs based on deliveries/invoicing starting 30 days after the sales contract for monthly recurring orders. For 11/2016 and 12/2016, I didn't add any sales $ from early beta test PRs - since actual $ were not reported in PR. Obviously some sales took place, since 55k were reported on fins.

On my spreadsheet, the last three quarters (and annual to come) show like this:

fiscal year 2017
Q1 $0 PR monthly sales $55k reported on fins
Q2 $168k PR monthly sales $307k reported on fins
Q3 $193k PR monthly sales $533k reported on fins
Q4 $1,720k PR monthly sales

As the numbers get bigger, the expectation that delivery will be in 30 days of contract is less likely, so my expectation would be that Q4 would be lower than my number. But I certainly could be wrong and additional revs could add to that as well.

Assuming app sales in 2018 continue exactly as the last two months and sales made to previous dealer groups continue their monthly sales (not adding any new BIG contracts, no additional direct sales from QVC, no other revenue streams included)...

fiscal year 2018
Q1 $5,368k
Q2 $9,112k
Q3 $12,856k
Q4 $16,600k

I can see that sales reported on fins has outperformed PR sales contracts. Additional revenue streams? Earlier deliveries/invoicing?

This is all purely speculation based on PRs of sales contracts. But, the OTC reported fins certainly have validated the sales reported....IMO.

$ONCI