Originally Posted by
turmeric
So predictions on Q2 revenue numbers?
I have Q2 of 12/13 to be $710,007 last three quarters have grown at 110%, 87% and 116% respectively. Average those and we get 104%?? So should we be expecting roughly $1,400,000??
The bit I haven't gotten my head around is that obviously revenue is seasonal to some extent in this sector, but I am not sure how this factors in for this Q?? If we look at last years 12/13 Q1 numbers ($556,696) compared to Q2 ($710,007) then we can see that Q2 was about 27% greater than Q1. If we use the same percentage increase for this financial year then we get roughly $1,500,000 (27% increase on 13/14 Q1 of $1,202,464) for Q2 this year.
My expectation for Q2 this year is somewhere in the $1.4m to $1.5m range based on those very crude calculations. (just been doing these calcs on the fly so if my numbers are out please let me know).
I'd be interested to hear what others have calculated expected Q2 revenues.