"Today LED lighting represents less than 15% of the available market. LED penetration by the year 2020 is expected to grow to 75% with a market total in excess of $100 billion...
Revolution is in the right place at the right time. Our pipeline of opportunities is expanding and customer acceptance is happening now....
The early trends for 2013 are encouraging and we expect to see significant gains in topline growth and profitability for the year."
Would expect coverage initiation within 2 to 3 weeks after release of their Q1 earnings report.
Based upon recent news and staements by RVLT the following may be expected:
Revenues of $5 Million for full year 2012 may increase to $30+ Million in 2013.
2013 Revenue Guesstimates:
Q1: $6.5 Million
Q2: $7.75 Million
Q3: $9 Million
Q4: $12 Million
TOTAL $35.25 Million
They should do MORE in Q1 Revenue than they did in ALL of 2012.
Comps will look GREAT!
They should EASILY report more revenue in Q1 then they had in ALL of 2012.
Q1 revenue should be UP 300% to 400%+ YOY over Q1 2012 revenue.
Would not be surprised to see them have 500%+ revenue growth in 2013 over 2012.
Remember this simple fact...
"We then repositioned the company's strategic focus from the consumer retail market, to the larger and rapidly growing commercial, industrial, and municipal segments."