TAVA Technologies (TAVA-NASDAQ) Message Board

STOCKTALK

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.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: eleebee who wrote (17161)	5/19/1998 6:45:00 AM
From: Karl Drobnic	Read Replies (3) of 31646

Excluding non-cash items, Tava operations appear to have gone from a cash loss of ($82,000) in Q2 to a cash profit of $925,000 in Q3. That's a $1 mil. improvement on a sales increase of $1.18 mil., with "cost of sales" decreasing by $0.31 mil. So let's estimate Q4 sales at April - $6 mil, May - $8 mil, June -$10 mil or $24 mil., or an increase of about $12 mil. over Q3. In Q3:Q2 comparison, an 11% increase in sales had a 4.5% decrease in cost of sales. Given Tava's new focus on Post Y2K strategies, figure SG&A are pretty much fixed. That is, development, sales and central admin. aren't going to increase much. That extra $12 million in estimated Q4 sales now looks very high profit. New employees salary/benefits - add $2.5 mil. for the qtr., so $9-10 mil of very high profit revs. are still left.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next