Friday, November 12, 2021 10:27:40 AM
-PPS: $3.25
-Shares OS: 10.6m
-Shares Float: 7.2m
-Market Cap: $35m
-Zero Debt
-Profitable next year
Our relationships within the industry are strong, and we are well-positioned with both the growing small and mid-size theater operators as well as the major circuits, and we believe the first quarter of fiscal 2022 was reflective of this and a sign of even better things to come from both the industry and MiT. As such, we are introducing our initial fiscal 2022 revenue guidance of $12 to $15 million, or 67% to 108% growth over fiscal 2021, and we expect to deliver positive cash flow from operations as well," concluded Rafnson.
Growing sales 100%, even if this would trade at only a 5x sales multiple it’s a $7 PPS.
Recent MITQ News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 07:37:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:49:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:10:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 05:11:15 PM
- Moving iMage Technologies Announces Second Quarter Fiscal 2024 Results • Business Wire • 02/14/2024 12:00:00 PM
- Moving iMage Technologies to Report Second Quarter Fiscal 2024 Results on February 14, 2024 • Business Wire • 02/12/2024 03:50:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 01/22/2024 10:07:43 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 01/22/2024 10:05:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 09:27:56 PM
- Moving iMage Technologies Announces First Quarter Fiscal 2024 Results • Business Wire • 11/14/2023 12:00:00 PM
- CORRECTING and REPLACING Moving iMage Technologies to Report First Quarter 2024 Results on November 14, 2023 • Business Wire • 11/09/2023 05:05:00 PM
- Moving iMage Technologies to Present and Conduct 1:1 Meetings at The Sidoti Virtual MicroCap Conference on November 15 and 16th • Business Wire • 11/08/2023 03:00:00 PM
- Moving iMage Technologies Announces Golden Ticket Cinemas Selects LEA Amplifiers for its Immersive Auditoriums • Business Wire • 11/08/2023 12:00:00 PM
- Moving iMage Technologies to Report First Quarter 2024 Results on November 13, 2023 • Business Wire • 11/06/2023 07:40:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/18/2023 11:07:47 PM
- Moving iMage Technologies Announces Completion of First Full Cinema Complex Equipped with LEA Professional Smart Power Amplifiers • Business Wire • 10/04/2023 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2023 02:00:17 PM
- Moving iMage Technologies (MiT) Announces 10b5-1 Stock Trading Plan • Business Wire • 10/02/2023 11:00:00 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/27/2023 09:27:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/26/2023 01:39:43 PM
- Moving iMage Technologies Announces Fourth Quarter and Full-Year Fiscal 2023 Results • Business Wire • 09/26/2023 11:00:00 AM
- Moving iMage Technologies to Report Fourth Quarter and Full Year Fiscal 2023 Results on September 26, 2023 • Business Wire • 09/19/2023 02:49:00 PM
- CORRECTING and REPLACING Moving iMage Technologies Announces Third Quarter Fiscal 2023 Results • Business Wire • 05/15/2023 02:25:00 PM
- Moving iMage Technologies Announces Third Quarter Fiscal 2023 Results • Business Wire • 05/15/2023 11:00:00 AM
- CORRECTING and REPLACING Moving iMage Technologies and SNDBX to Host Call for Investors on May 11, 2023, to Discuss ESports Partnership and Market Opportunity • Business Wire • 05/10/2023 03:51:00 PM
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