keep in mind that numbers are preliminary, the qtr still is not finished. There could be a push by the company to get revenue out the door, but numbers so far look to be about 20C EPS.
Card numbers appear to be the same as last qtr
Coin certs (using the 20th of this month and past June as cutoff) appear to be running at 502K. the past couple of qtrs have been about 8% high, so I adjust that down to 461K or about 29K lower than the June qtr. Using June coin cert revenue and margins and tax rate, I get $220K less profits, $550K less revenue
I will assume all other income to be about the same as June qtr
I assume about 180K in new China expenses (June was about $100K)
So revenue of about $13.2M and GAAP EPS of 20c. Cash burn of $440K
June was $13.744K and 25c EPS and cash flow neutral
Last September was $11.23M rev and 10c EPS (last September was $500K lower than the previous June qtr, so $550K lower estimate for this September to June is within historical numbers)
Yr-Yr revenue growth of 17.5%
card growth 5.5% yr-yr
coin growth of 35% yr-yr
back to the top. I will be out of the country when numbers are reported. Not selling. Not expecting this to be a surprise. Not expecting a major reaction. I think the x-div date has more bearing on share price.
thanks dbt. Very nicely presented. Of course, we all hope you are a bit low on your estimates, except for beefstu57 of course, who would like the stock to self-destruct even though he is apparently doing well with it.
It would be nice to see 22 cents EPS GAAP.
modeling China expenses is almost impossible. The $180K is a little over 2c/sh. Is that high, low, spot on? the other stuff I am more certain about.
The other hard to model thing is will coin certs not be 8% below the numbers calculated? You would think at some point, the numbers would match up. So maybe that fudge factor is too high.
Either way, a $440K cash burn is really nothing during their "slow" quarter.