Replies to Msg. #695011
.
 Msg. #  Subject Posted by    Board    Date   
06885 Re: 10.5 million loss.....
   I make it that Wave (the company) made a loss of around $4.2m in Q4 (a...
Cactus Flower   ALEA   17 Mar 2012
2:16 PM
06874 Re: 10.5 million loss.....
   my spiel: Ok so, 2010 was $26.05m revs, $30.16 exp, loss $4.11m 20...
DigSpace   ALEA   17 Mar 2012
3:01 AM

The above list shows replies to the following message:

Re: 10.5 million loss.....

By: Cactus Flower in ALEA
Sat, 17 Mar 12 2:34 AM
Msg. 06872 of 54959
(This msg. is a reply to 06871 by faul)
Jump to msg. #  

Hi doma,

Q1-3 company losses were around $5.9m so the Q4 Group loss looks to be around $4.6m.

Bear in mind that Safend's losses will be added to Wave's losses in Q4 to make group numbers.

Wave's company revenue looks to have been around $9.3m in Q4 to generate annual revenue of $34.4m for the year, with whatever Safend has contributed on top of that. So perhaps $36m for the Group's top line in 2012 and 10.7m - 11.0m for the quarter.

The sales team really isn't contributing as much as I would have expected given the increase in the numbers of staff. I was hoping for an extra million in sales. The sales team costs a lot, but it isn't generating so much. That's an old story. The question remains - will the demand emerge? And when? Why did SKS hire these people if it wasn't with the expectation of sales appearing soon?

I imagine someone else will work this out. But up to this point, iHub's righteous (if somewhat partial) policies mean that those who can figure what the numbers are don't post them there.

So who brings value to the conversation? iHub? Or the folks who post information to the board? ;-)