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Re: Officiousintermeddle post# 2091

Wednesday, 04/03/2019 5:09:03 PM

Wednesday, April 03, 2019 5:09:03 PM

Post# of 4193
"Turning to the first six months of the next fiscal year, their projected revenues look as though they would produce gross profit of maybe $2.4 million at the high end"

Not sure how you are going from revenue to gross profit. If they make the high end of their estimated kiosk installations (600 to 800 per their March 26 PR), and using $50,000 per kiosk, revenue from kiosk installations alone would be some $40MM for the first six months of the next fiscal year.

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