Welcome to the Electrovaya Hub on AGORACOM

(Edit this message through the "fast facts" section)

Free
Message: How Low Will It Go

I think the 7.4MM is for FY2014, not Q4-2014. Q1 was 1.8MM, Q2 was 1.83MM and Q3 was 2.13MM. So Q4 was only 1.64MM if my math is correct. The 2014 calendar revenue so far is 5.6MM USD. So it is about 6.5MM CAD. They were talking about 15MM CAD for calendar year 2014. Unless they book $8.5MM CAD in Q1 2015, they will miss it substantially. They should explain why this discrepency in their press release.

Only revenues and contracts can move this stock, not fluff.

Share
New Message
Please login to post a reply