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zenvesting

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zenvesting

Re: Traderfan post# 466

Tuesday, 07/09/2013 9:31:12 AM

Tuesday, July 09, 2013 9:31:12 AM

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Looks like they didn't get into the backlog much yet, as I calculate it looks like they worked through $1.552M in revenue in Q4 and earned $253k net income, or 0.02 EPS.

"Contract backlog at April 30, 2013 was approximately $18.3 million. Of this amount, approximately $11 million was associated with a gaming contract executed with a related customer. The remaining contract backlog amount of approximately $7.3 million was related to gaming and voting contracts with unrelated customers. As of April 30, 2013, approximately $5.2 million of the contract backlog has been paid by customers."

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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