I would wait till after the reverse split, likely to be a10-t ratio, which will put this in $1.8/share range. Giving it the usual retreat after reverse spit,. It might be a chance to buy it under $1.00.
I agree that their revenue has been a big disappointment.. I now stopped listening to their conference calls as they always spin a mediocre quarter into a rosy future, again and again. I also think their motion-sensor based technology should be integrated with newer technologies, such wearable devises, so their technology can stay unique and be able to enter residential market.
Where is the revenue growth? I must be missing something....
Q1 2015 revenue = $2,574,546
Q1 2014 revenue = $2,632,617.
They have 50% of their capacity idle during the slow quarter shows there is not enough orders to over-flow into this period. I was hoping for at least 10% top line growth specially during traditional slow quarters. Revenue growth is often a good indicator for any penny stock company to succeed or to be bought. That being said, I will still be long on this stock.
With 107 staff over 14.8 millions, TKOI's revenue per employee rate is only about $138k/employee, even lower than that of Walmart, The high-tech staff at TKOI might not be paid as good as those working for Microsoft but are definitely better than those at Walmart. Is TKOI's profit margin too low? The CEO mentioned that their customers can recoup their investment in 2-3 years. Should this be a more reasonable 6-7 years period?