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Re: Lakota-45 post# 62454

Monday, 04/10/2023 8:32:54 PM

Monday, April 10, 2023 8:32:54 PM

Post# of 69738
Looks like they did $292,775 in Q4 2022. I am thinking based on last year’s growth anything less than $400K in Q1 2023 would be disappointing. That is a conservative 36% growth on a sequential basis from Q4. We shall see. I am going to go out on a limb and predict they do not hit $400K in revenue in Q1 2023. Then the question will be where and when will the vast majority of the $25M in revenue come from. To have any hope of hitting their own forecast they need a good number in Q1.

This is my way of trying to establish some accountability for my assessment of the company’s financial performance. When a company throws out projections they should know where it is coming from and not be just another pie in the sky forecast. They should be very close to forecast.
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