Replies to post #23517 on Galaxy Next Generation Inc (GAXYQ)

[mgos]

I posted this nearly a month ago in order to set expectations. Some opt not to do any DD.

- Fiscal year ending 6/30/19 revenues were $1.882M
- Through 3 quarters of this fiscal year we are at $1.849M
- GAXY will be up over the previous FY
- Q4 I don't think will be earth-shattering because of COVID. There won't be any COVID revenues in Q4 or very little.
- Most of their contract announcements likely didn't come to fruition until after July 1 (PRs we are getting now)
- Q1 will be absolutely huge
- Q2 will be even better especially if the Classroom Technology Solution deal gets closed soon
Per the PR:
- CTS did $35M over the past 11 years.
- CTS is one of the fastest growing private companies in NE FL
- I am speculating they do in the neighborhood of $5M annually just based on how companies generally grow over the years
- The CTS acquisition should be near closing. It was announced on 5/21/20 so it's been over 3 months

[Profit Forever]

ER for 1st qtr is coming out by November 15th. July, August, September revenues won't disappoint us, but 2nd qtr February 2021 report will be a monster!