$MRMD Yesterday's earnings call was a bit disappointing. John repeats the same mantra each quarter but he never gives us any hope or guidance when they will finally report positive earnings.
$MRMD Why didn't they claim S3 benefits (tax deduction) for their medical business in Q2? It wasn't even mentioned in the earnings call or the press release.
$MRMD we really need the govt to quit dicking around and do whatever it takes to open the banking system to our $30 billion industry. I’m sure the bankers would appreciate the new business.
$MRMD The more the stock price goes down the more they become a takeover candidate! watch the video I posted, it will explain everything you wanted tot know.
$MRMD
MRMD did report a net loss in Q2. So technically, “they're losing money” is true under GAAP.
But Q2 also generated positive operating cash flow. That's very different from a business continually burning cash just to survive.
Q1 also generated $949K of operating cash flow, despite a $3.8M GAAP loss.
The key question is: why is GAAP showing a loss while cash flow is positive? Depreciation/amortization, interest, taxes and other accounting expenses can make GAAP earnings negative without an equivalent cash outflow that quarter.
I'd watch operating cash flow + debt reduction + share count more closely than EPS alone.
