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Re: Rick_Sanchez post# 41766

Wednesday, 08/14/2019 6:32:23 PM

Wednesday, August 14, 2019 6:32:23 PM

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I think that is a sound prediction for Q2 revenue.

What I find interesting is if revenue amounts to $311k, then the gross margin will be $236k if it remains at 76%

Kona’s Q2 reported $730k, but at a 30.5% gross margin. Their gross income was $223k. So, Vate’s will likely be higher, yet Kona valued at $90 mil and Vate is $17.5 mil.

Looking forward to Vate closing that gap.
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