<<You have posted previously about a revenue projection for 2001 of 50 mil. I haven't been able to find the post, but I remember it well. Could you reiterate the detail which breaks the revenue number down to operating segments? I know better than to even hold Da Man to detailed projections by segment but it would be instructive to have the frame of reference for comparison as we enter this exciting phase of growth!>>
MIke, this discussion needs to really wait for Q4 numbers. I will only discuss it briefly until then.
My Yahoo! post estimated $45 - $50 million revenue for 2001
The highest revenue quarter right now is Q2, at $7.95 million, so until we see Q4, that would appear to be a stretch (but I don't think so).
My model assumes a military revenue rebound, which Q4 should confirm. It also "assumes" a 1% penetration of the current sensor, which I estimated (pretty much out of thin air, but after Martin's presentation, turns out to be right) at $3-$5 million.
Subtracting out the current sensor estimate, we get $40+ - $45+ million.
The military revenue was almost twice as high back in 1997. With the military and FOG contracts we now see, there is no reason not to believe they can return to at least those levels.
All they need to do to meet my estimates (current sensor excluded), is to average $11 per quarter in 2001.
In a revenue growth pattern, even $9.5, $10.5, $11.5, $12.5 million gets you that.
Let's wait for the Q4 numbers. I don't think it will seem unreasonable after we see those. |
