SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: randmiser who wrote (5178)4/2/1998 12:50:00 AM
From: Jon Tara  Read Replies (2) of 18444
 
Here is the passage you were referring to about the $50M:

"In June 1997, the company announced that in its first year it generated more than $50 million dollars in total revenue. "

This is at:

simweb.com

Can somebody find this announcement that was made in June, 1997?

What is the fiscal year of SIM? Did it end in June?

Where does the $39M figure stated by NETZ in February come from? What period does this cover?

It appears that there are overlapping fiscal years. However, assuming that they had $50M in revenues from July, 1996 to June, 1997, and $39M in revenues from January, 1997 to December, 1997, (adjusted for NETZ fiscal year?) then it would appear that there was a significant drop-off in revenue in the second half of 1997.

But we need the details of how each of these figures was arrived-at to be sure.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext