Replies to post #28214 on Eyes on the Go, Inc. (AXCG)

[QServus]

You don't get it?

If Q1 traffic was 1/10 of what it is now

Q2 is $800k revenues

[MattyTrader]

The company reported revenue for the 1st quarter of $91,649, which was an increase of 2900% over last year's 1st quarter of $3,131. In comparison to the 4th quarter of 2013, the revenue grew from $19,967, which is an increase of 460%. The gross profit margin increased from 75% in the 1st quarter last year to 91% this quarter.

That's amazing!! If the traffic keeps growing the revenues will rise exponentially with a 91% gross profit margin!!!!!

[Ogclip ©]

Everyone has an opinion.. I dumped on VGPR news last week because it was fluff, sure enough after the market absorbed it the price tanked/


IMO the market will see this as a positive thing 2900% increasing and only going to exponentially grow from here.. Increase $91,000 by 2900% again and we're talking $2.6MM.. No more small potatoes.

.005+ tomorrow imo.

[mdimport]

Revenues in 2Q2014 will be between $700k-1M most likely. Page views have roughly doubled every month since October 2014 and revenues have been increasing expoentially.

Page views per month:
October 2013 = 620k
November 2013 = 1.1M
December 2013 = 2M
January 2014 = 4M
February 2014 = 7M
March 2014 = 14M
April 2014 = 28M (estimate)
May 2014 = 56M (estimate)
June 2014 = 110M (estimate)

Total page views for 4Q2013 = 3.72M for $20k revenue

Total page views for 1Q2014 = 25M for $91k revenue

If page view trends continue as they have been (and the Alexa ranking suggests they are), page views in 2Q2014 should be approaching 200M which is around 8x 1Q2014 views. Excluding the increased time on site that's roughly $700k revenue, including it, anywhere up to $1M revenue.