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Re: jtomm post# 103185

Tuesday, 06/13/2023 12:00:48 PM

Tuesday, June 13, 2023 12:00:48 PM

Post# of 114168
I've been a ETCC($.67) buyer the past couple days...


As evidenced by the 6/9 PR, that big contract is now in backlog...and backlog is now $104M vs just $19M a year ago. More importantly, the company estimates that approximately 54% of the total backlog will be recognized as revenue over the next 12 months. This suggests FY24 revenues of at least $56M vs just $26M in FY23...


https://www.otcmarkets.com/stock/ETCC/news/ETC-Announces-Fiscal-2023-Full-Year-and-Fourth-Quarter-Results?id=403968

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