Elite Pharmaceuticals Inc (ELTP)

[Winechemist]

Revenue Trends
First want to say congratulations to Nasrat and Team and he has definitely turned this company in the right direction. Also, congrats to all the investors as we have stuck through the tough times and all the ridicule that this board has to offer. So for the past 6-8 quarters I have been looking at trends to predict potential revenue, I love trends. While this is no way a perfect system, I have noticed that the quarterly revenue has typically landed between 59%-82% of the combined totals of the accounts receivable and inventory lines for the trailing quarter. If this trend holds true the 2025 Q1 numbers should be at a minimum of 19M based on what I am seeing in the current 10K for those two 2024 Q4 line items. Suffice to say that I would say north of 80M+ this upcoming year may just be a reality and as Nasrat likes to say we skip the 60s and the 70s and maybe even the 80s, lol. Good luck everyone and enjoy the call! Cheers!