On4 Communications Inc (ONCI)

[Jimmy Quick]

ONCI ANNUAL GROWTH ESTIMATION, assuming no further growth, which isnt the case but just being conservative. Better check out the calcs before doubting.

Revenues 127% increase for 2018
Net Income 198% increase for 2018
Now this is growth. Lol

2016 SALES $1,679,105
2016 NET INCOME $542,418

2017 1ST QTR SALES $953,211
2017 1ST QTR NET INCOME $404,605

Annualized sales $953,211*4 = 3,812,844
Annualized net income $404,605*4 = 1,618,420

GROWTH
Sales: 3,812,844 - 1,679,105 = 2,133,739/1,679,105 = 127% increase in sales assuming no additional growth.

Net Income: 1,618,420 - 542,418 = 1,076,002/542,418 = 198% increase in net income assuming no additional growth.