the very creative interpretation of increased Revenue of 50% 2016 vs. 2017 ? ? ?
they are saying...
>>Revenue increased 50% year-on-year to US$2.79...
Revenue for the full year 2017 increased to US$2.79 million, reflecting higher sales of photonic sensors for test & measurement applications. This compared to revenue of US$1.86 million in calendar year 2016, which represented approximately seven months of revenue contribution from POET’s DenseLight subsidiary that the Companyacquired in May 2016<<
if i do the math
= US$ 1.86 million in calendar year 2016 (which represented approximately 7 months) - means
US$ 265.714 per month
= US$2.79 million in full calendar year 2017 (which represented 12 months) - means
US$ 232.500 per month
so, on month basis there was less! revenue per month...?
or do i mixing up something here???