Big K: My Q2 prediction and yours. (Rosy and Too Rosy)
Assumptions:
1. Cost of Sales 27%
2. Tax Rate 50% - Don't know Canadian Tax Code
3. Expenses remain the same as Q1
4. Outstanding shares same as Q1
Caveat: Actual revenue when reported must be
evaluated in light of receivables.
Mine Yours
(Rosy) (Too Rosy)
Sales 65,000 70,000
Cost of Sales 17,550 18,900
Gross Profit 47,450 51,100
Expenses:
Advertising 8,771 8,771
Selling, G & A 18,929 18,929
R & D 13,460 13,460
Dep & Amort 1,630 1,630
Loss on For Ex 249 249
Total Expenses 43,039 43,039
Inc Before Tax 4,411 8,061
Income Tax 2,206 4,031
Net Income 2,206 4,031
EPS (60,162) 0.04 0.07 |
