Holy Unearned Revenue!! 6 Million already. 300% increase YoY. Q2 2015 only did 7.5M total.
Major improvement in operations but I hoped they might have had a few 100k of profits. This is what's kept a lid on the price today in my opinion.
Con Box movement as expected in that they sabotaged growth for profit. Dumb, but like I said they seem to have learned and reversed course. Also interesting that recognized rev was lower than unearned from prior Q meaning that there are a decent number of 6 month subscriptions out there.
I'd like to have some color specifically on gaming numbers.
No quote that I saw from Matta. I'm still awaiting his first public statements on the company.
revenue should be great based on unearned rev number, but will they get any margins out of it? That is the big question. It takes big money to get big names.
Also curious if they could at least hold the line with ConBox. They have seemed to recover from underwhelming Dec/Jan boxes, but curious about what happened over those few months.
patience can be hard. The company said they would have a major national account signed by the summer of 2014.
I was worried there might by some feet dragging on that end
I think it's actually like 10-20 products based on a google shopping search for allerpet. Still tiny. Maybe they used this company because the stuff will be on shelves in only a matter of days.
His base compensation is way more in line with the size of the company than Macaluso. 250k vs like 500k plus it sounds like his bonuses are at board discretion rather than set in stone. The only thing i don't like is how low the ramp is in his options pricing. They're all between 50 and 60. It would show some confidence if the 2018 ones for example were out over a dollar.
Today's release doesn't even seem news worthy.
An anticipated partnership falling through actually makes a lot of sense to me. I can't imagine there was a whole lot of sales visibility this far out so this is a good explanation.
Approximately 1 million in 2016 vs 1.7 million last year. I just realized this. This could just be a timing thing, but there's also a chance that they are just getting that much more savvy in cost cutting or that they saved on advertising spending after the buzz generated by their guest announcement.
Q1 2015 was a 2 cent loss half of which approximately half was ConTV related.
Q1 2016 has to have been profitable, the question is how much? The one thing going against it is the higher headcount.
Wasn't supposed to be until August so if it is canceling at least there's a lot of lead time. Also as it's a new event like Albequerque the cancellation doesnt hurt as much
Con box didn't grow as much as expected but did generate a tiny profit for the year. I still think next Q will be a down quarter, but the last two boxes have been better. They are a little formulaic now, but better to be a little stale then have a bomb in there every once in a while.
Big story for me is events unearned revenue YoY from 2 million to 3.3 million. That's a MASSIVE increase. Looks like people were excited to see the Captain America Cast. Plus secondary events pretty much all on repeats are naturally going to grow.
I checked and the dates on New Orleans from year to year and 2016 was actually one year further from the end of year so that is having minimal effect.
I want to compare this year to last year 10k because I think there was a lot more language in there this year about landing national sponsor and media sponsors but not sure.
Good Lord, if they had a history of executing well I'd be ecstatic, but it seems like they're going to have an awful lot of balls in the air.
The potential just keeps getting bigger, fingers crossed that they can make it all happen.
Also strange that their PRs always seem to be a day behind when the news breaks.
I picked that interview up from twitter the other day. The one interesting tidbit that was new to me at least was about them working with StarWars