InvestorsHub Logo
Followers 12
Posts 261
Boards Moderated 0
Alias Born 06/13/2023

Re: snow post# 50796

Wednesday, 04/03/2024 7:50:44 AM

Wednesday, April 03, 2024 7:50:44 AM

Post# of 51739
Completely understand. 3% gross profit is not alot. Now do you have the mental capacity to look at past trends and see if that 3% is where we are expecting to be this year, next year, 3-5 years out? Have we been sitting at exactly at 3% for years? No. They were under 2% the year prior.

Last year IQST did 4.7M gross profit, up from only 1.8M the year prior. It's trending up fast. Q4 alone did 1.6M gross profit and they already told us Q1 was even higher that Q4 so over 1.6M per Q now. But using 1.6M as a base line x4 quarters would put 2024 gross profit at 6.4M minimum for IQST alone. But QXTEL adds another 1M gross profit per Q, so Q2, 3, & 4 makes another 3M gross profit minimum added to the 6.4M they were already on track for, making 2024 expected gross profit at least 9.4 million. But it's increasing consistantly every quarter.

So gross profit 2022: 1.8M... 2023 4.7M... 2024 9.4M+ that's before any additional growth and cross selling, and before the addition of a second acquisition we are anticipating. Gross profits are increasing over 100% annually, and the company is growing over 100% this year. If you don't have the mental capacity to understand this and can't get over gross margins last year being only 3% and can't see where things are heading then you shouldn't be investing in microcap high growth companies bc you just don't seem to grasp the bigger picture.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IQST News