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Monday, December 21, 2020 5:49:15 AM
If they think that by 02/28/2022 they will have 40MM for that year, that means they have to average 10MM per quarter starting with the quarter that starts in March 2021. They made 5.3MM in Q3 that just passed. I think it will be amazing if this grows to 10MM for any quarter in calendar year 2021.
That means we should see at least 6 or 7 million for their Q4 revenue before they close the deal with enerev.
It also means if that deal is delayed, their revenue goals might be delayed.
I’m really just trying to set my own expectations.
If they are growing that fast and the report shows it, I don’t think it will stop at $1.
I expect 2.x million in revenue for every month from December (now) forward if they really intend to hit 40MM for 02/28/2022
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