"I am pleased to announce a new equity investment in RVLT by a large, highly regarded, Midwestern financial institution. This latest investment not only provides additional capital to fund our increasing growth, but also expands our shareholder base with an important new investor. Revolution is well positioned to significantly increase revenue and profitability in 2013 and beyond," commented Robert V. LaPenta, Chairman and CEO of Revolution Lighting Technologies, Inc.
They should be providing further information regarding their outlook.
They acquired Nexxus in September. They acquired Seesmart in December.
2012 TOTAL Revenue will be listed as $4.9 Million.
They need to provide some sort of guidance for 2013. IF they provide guidance that confirms the previous PR regarding a $10 Million order (of which approximately half was to be completed in Q1)...
Then one can imagine they may be able to generate revenues that would be a large multiple of 2012 sales.
Will 2013 provide 5 times 2012 revenue? 6 times? 7 times 2012 sales?
Now looking for a close above $1.98 as an indicator here.
$2.12 and $2.34 look like levels.
Other than those two levels - could run.
Any positive news on pending deals may be a real catalyst. We shall see.
This seems to be the most underwatched situation out there right now.
Any further news on deal developments could really spark some big interest. Or another institutional investor buying in.
This is basically a startup in acquisition mode with L-3 Founder at the helm. Seemingly definitely watchlist material.
"Our distributor and dealer network has requested this state of the art product and we are delivering on that request. We're pursuing several large exciting opportunities that we expect to book in the near term"
Sounds as if they may have the possibility of doing the following in the next 10-45 days +/-:
*A confirmation of the second half of that $10 Million Deal announced in January.
*Announcement of "large exciting opportunities" being booked.
Expecting the following based upon the New Ownership's past performance:
*Multiple further acquisitions over next 3-18 months
*2013 Revenue should be (COMPLETE GUESSTIMATE) in the $35 to $55 Million Range (not including possible further acquisitions)
Can they achieve 50% YOY growth for the next 3+ years with $?
From their website:
"Through advanced technology and aggressive new product development - create a leading, multi-brand, lighting company that offers a comprehensive advanced lighting product platform to achieve 30%+ year-over-year growth and 15%+ net profit on a yearly basis. "