Report card....
So I missed here on my 3Q prediction....
F 3Q 05 $818,116 ....$42,000 ... $860,116
A 3Q 05 $780,793 ....$37,615 ... $818,408
my final was on RB.....
Quarter Internet Retail Total Cost of Rev Operating Exp Other Exp Net Income YTD Net income
F 3Q 05 $827,847 $42,000 $869,847 $228,556 $380,000 $85,000 $176,291
A 3Q 05 $780,793 $37,615 $818,408 $229,075 $427,704 $45,105 $116,524 $344,334
Off 6% on Revs for a total $51K or might have nailed it.
After looking last night.. I think I mis-calculated churn...
Almost sure Revs from IDACOMM are in.... If not then we had organic growth. Odds are that is not the case here... plus in the revenue section of the 10Q, it does say Idacomm is included.
Month NB Subs BB Subs NB Revs BB Revs Monthly Revs
Jun-05.. 10,292.. 950.. $185,256.. $57,000.. $242,256
Jul-05.. 9,829.. 950.. $176,919.. $57,000.. $233,919
Aug-05.. 9,387.. 950.. $168,958.. $57,000.. $225,958
Sep-05.. 9,109.. 950.. $163,962.. $57,000.. $220,962
Total $220,962 + $225,958 + $233,919 + $100,000(Idacomm) = $780,840 and actual was $780,793...
Note: I use $18/month NB sub because we sell mostly premium NB and see price on sites.
What this means is that Churn was 4.5% last Quarter. This might make sense because Verizon cut BB price last Q to match SBC's deal. I think we are mostly in Verizon areas.
Yesterday's PR says "We have effectively doubled our annual revenue stream.."
So to check...
Month NB Subs BB Subs NB Revs BB Revs Monthly Revs
Oct-05.. 18,819.. 950 + 1320.. $338,744.. $99,000.. $437,744
which basically doubles revs... for this month...
Welcome all comments???
All IMO of course...
