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Re: Davis_Elite post# 13410

Monday, 01/08/2018 10:44:18 AM

Monday, January 08, 2018 10:44:18 AM

Post# of 24654
No denying the numbers and undervaluation here, but as good as the full year financials are, the Q4 fiscal quarter was much worse than last year. I was under the impression that Silex was growing in 2017.

Does anyone know why Q42017 was so much worse than Q42016?

Comparison:

Q42017 Revenue: $1,118,472
Q42016 Revenue: $1,506,251
Worse: ($387,779)

Q42017 Net Income: $603,089
Q42016 Net Income: $141,890
Worse: ($461,199)