$IDEX Up late trying to see what revenue will look like for Q2. It’s hard to estimate based on the vagueness of some of the PRs regarding orders. They don’t get paid until the vehicles are delivered. For example the 4.4m order from Tianjin Zhongcheng. It says, “delivery of the vehicles to Tianjin Zhongcheng is expected to commence later this month”. There was never confirmation on whether or not the vehicles were delivered. So, using numbers from confirmed deliveries, it looks like 600k+ for MEG revenue in Q2. Adding the numbers from unconfirmed deliveries to this (such as MEG June sales, and various orders that were to have started delivery in June) it looks like $2m. It’s looking like a minimum of 600k, a $222k/45.3% increase from Q1 earnings Remember, I’m no financial expert and this is probably a very rough estimate. I just thought I’d share.
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@christianaquila02 I crunched numbers based of the sales they gave us in their last virtual meeting. If it were true and this was coming sales they could put down for 2019 q4, 2020 q1, and I lowballed the sales and commission I was expecting closer to 2 billion. That's not including wholesale electricity or 5g. I'm also not sure if treeletrik is factored in. I'm also not a financial advisor and just roughly estimating.
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