Optimal Robotics develops, markets, installs and services automated self-service transaction systems for use in retail point-of-sale applications. For the nine months ended 9/98, revenues rose 68% to C$6M. Net loss according to U.S GAAP rose from C$5.7M to C$21M. Revenues reflect higher U-Scan sales and increased maintenance revenue. Higher loss reflects lower margins on U-Scan sales, higher S/G/A and a sharp rise in stock compensation expenditures.
Looks like they've been trading since October 1996, and currently have about $6M in annual revenues. They're expected to be profitable in 99 with $0.12 per share earnings. But the estimate for 00 is $0.50, with long term growth estimate of 50%.
Anyone interested in discussing this one.
Stu B. |
