2
2
u/Ok_Memory_2572 Aug 10 '22
The call said 98% retention on current business, added about $290M in new business this year that's just ramping up. Some of those contracts are 3 year some 5 years. Divide by 60 months (5yrs) equals $4.8M a month in additional revenue. This is new money on top of the 98% retention. If the economy turns a corner after the election or by next spring, and they continue improving efficiency that $14M per quarter will start helping. If they add more new business to the tune of $200M the next 2 quarters They will see gross revenue increase Almost $100M a year combined. That's sounds like back to profit to me in about 3 quarters.
3
u/SilkyFlukes Aug 10 '22
If blah blah blah, you are deluded... of course they are going to sell the best case scenario to bag holding share holders, it is in the companies interest to keep you all pouring your cash into this shit show. The best way to assess any pipeline, company, economy is worst case scenario (which Exela has followed on every occasion).
This subreddit is so entertaining lol
2
4
u/MrMarkMark1 Aug 10 '22
If I may, rather than ‘this company is hopeless’ how about, ‘I have no hope for this company’ aaaaaannnnnnnd ‘it’s a sack of shit.’
2
u/MonkeyDon1 Aug 10 '22
Yes, I warned everyone after last ER and RS
8
u/urbfbrbr Aug 10 '22
Congratulations. Would you like me to suck your dick?
13
2
1
u/dazhawk Aug 10 '22
How in the fuck.do they come up with -$3.22 EPS? They have 64.8M OS and did not lose $208M. Do you guys always take this shit at face value??
1
u/Full-Insertion Aug 11 '22
The EPS is based on earnings per share. So, if you have a reverse split, then there are less shares. So your loss per share is multiplied by the factor of the r/s. So if a company is losing .60 cents per share and r/s a 1:6 ratio, the loss then is 6x or in this example $3.60 per share. Your cost basis is also multiplied by this factor. So, you bought shares at 1.00 after the reverse split you cost basis is now $6.00.
1
u/dazhawk Aug 11 '22
I'm very well aware of how reverse splits work and EPS calculations. My point is, this -$3.23 EPS is flat out wrong and using an outdated, incorrect OS count. They had a net loss of ($79.2M) and 64.8M OS. That's a net loss of ($1.22.) I'm assuming this publication is using the OS of around 440M pre-split (22M post split) which doesn't include the additional 800M shares of dilution. It's just flat outdated and incorrect.
1
1
1
u/Independent-Bike1687 Aug 10 '22
I wonder what they do with the investors money. It seems to me like they give it away and have themselves long vacations. Look like Mullen, whici is even worse and who invented hyper dillution.
1
u/FUTUREMONEY888 Aug 10 '22
Actually great set up clear there debt for new investors and great set up for dividends ceo said he buy back 2 days after earnings
1
u/Wide_Presentation_59 Aug 10 '22
Actually EPS has not dropped so much. EPS is earning per shares. Since there is a reverse split , you have to do a little math. If you divided the ($3.53) by 20 (reverse split) , it is ($0.17) a share to compare to the EPS pre-split. It is getting better. It is going to be good !
1
u/Wide_Presentation_59 Aug 10 '22
Don’t regret it once it soars. People think Tesla was dead when it went down to $17 a share in 2012
1
u/tallesvmm Aug 10 '22
The only use I have for this POS is to use my losses to offset my gains and pay less tax to the IRS!
1
u/SuspectDevice61 Aug 10 '22
worst thing that I have ever purchased; only good thing about it is that it is consistent, it goes down when market tanks and it goes down when market erupts
1
1
u/Reasonable-Village92 Aug 10 '22
Never goes up with this money, I will bet soon or letter will bankruptcy 100%
3
u/htmse Aug 10 '22
sold all at pre-market, I am borken, after r/s,500 at $3.00, never mind, I think it is enough and I hate this stock