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Re: CharlesNet post# 1145

Tuesday, 04/26/2011 11:13:43 AM

Tuesday, April 26, 2011 11:13:43 AM

Post# of 1557
Guess we'll have to wait for the PR but I still don't get why there was such a rampup in revs and profits in Q2&3 and then a huge drop.

Was there a big installation that finished up in Q3?

If they have recurring income of $336/month (70% of your $480), that would imply that they had about 300 hundred paying clients in Q4. I hope they publish some kind of number showing client growth.

There must be a much bigger installation fee for each new customer, otherwise how did they reach over 3.4 million in revs in Q3 and then drop back to 300K?


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