developing products to protect hearing and improve listening

Creator of award winning eers custom-fitted earphones

Free
Message: Sonomax’s Filings

I just quickly skimmed over the MD&A and financials and picked out a couple things.

1) New costs for overseas production.

1) Its good to see they are active over there before Dec. There should be revenue show up on the next finacials from this.

2) I see they were still testing and improving the self-fit V4 system.

2) I am guessing this should be finished by now and ready to go out the door and also add to next quarters revenue.

3) Revenue for the 4th quarter was up almost 300% compared to the same quarter the year before.

3) We wouldn,t even notice this though because of the costs getting things going. Nevertheless, it may be a good indication of how our revenue will grow quickly once enough product is manufactured and sold. We just have to get the volumes out there, the new OEM is just the start of a fan effect.

4) Sales were up in Europe, but down in Canada and the U.S.

4)I see 2 sales to South Africa and Australia. I would imagine these are our existing contract revenues.

Anyways, the financials and MD&A were pretty much straight forward what I glanced at. Its not what they say right now on the bottom line that really matters, its the forward looking earnings that will show where we are going. Its taking longer I know, but we are closer than we have ever been!

IMO

Share
New Message
Please login to post a reply