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Friday, March 13, 2020 2:28:28 PM
-based on forecasted Triple Digit Growth (at the minimum 100% growth rate of Quarterly Revenues YOY for the same periods.
Revenues will likely be much higher, but this is only measuring the minimum 100% growth benchmark each quarter. This will have to be the measure until the updates financials come out the real Oct 19 (Q4) and Jan 20 (Q1) Revenues come out.
This is a big number and as impressive as it is, it’s the absolute minimum that Verus will do in 2020. Taking no recent developments into account. This is simply a calculation based on the long touted forward looking guidance from the company.
Historical Quarterly Revenues
Oct 18 (Q4) - $2.2 (for future forecasting purposes)
Jan 19 (Q1) - $2.44M
Apr 19 (Q2) - $2.94M
Jul 19 (Q3) - $3.48M
Oct 19 (Q4) - *$4.4M (*estimated minimum based on 100% growth over Oct 18 Q Revs)
2020 Revenues *Minimally Forecasted
Jan 20 - $4.88M
Apr 20 - $5.88M
Jul 20 - $6.96M
Oct 20 - $8.8M
Minimum Forecasted 2020 Revenue = $26.52 Million
*Forecasted based on the continued triple digit growth forecast through 2020
(calculated by minimum triple digit growth - 100% of Quarterly Revenues YOY for the same periods)
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