my spiel:
Ok so, 2010 was $26.05m revs, $30.16 exp, loss $4.11m
2011 non-Safend revs were up $8.3m from 2011 so 2011 non-Safend revs were $34.35m.
Revs for 9 mo ending Q3 were $25.10m, so Q4 non-Safend revs were $9.25m.
That is down from $9.53m for Q3. That goes in the bad column.
The exps statements in the interim filing are absolute gibberish to me, and seem couched in EBITAS talk, which I don’t do. I could see EBITA, but tacking on the S is just plain sick.
But, as the loss is given ($10.5m) and the loss thru 9 months was $6.16m, Q4 net loss was $4.35m
So, somehow one has to pile in Safend numbers to get to the loss a loss of $4.35
I was using $1.6m for Safend revguess and $2.3m for safend expguess, but that doesn’t give a big enough loss. If you toss I nthe $1.8m in non-recurring acquisition cost you get a loss of 10.8 (too big) but close enough with either Safend bringing in more than 1.6 (doubt it) or my handing onf the added costs a bit much (my guess) … so shaving off the diff to gets to
…… drum roll
Q4 revs: $10.8
Q4 exps: $15.2m
The total loss matches up,
FY2011: revs $35.9m, exp $46.4m, loss $10.5m
yoy revgrowth +38%
QtoQ revgrowth +14%
QyoQ revgrowth +54%
Revs for Q4 were disappointing by the tune of around a million dollars (for me).
| 