Surprise Surprise, MJS beat my expectations for the quarter and 2012 Fiscal Year.  That said, they need to focus on building shareholder value through share price apprecation:

  • 2012 Revenues: $31.7M (So, $12.3M approx in Q4)
  • Total Comprehensive loss: ($650k): (Total comprehensive loss was reduced to 650k from $2.46M).

My Expectations were:

  • $27M - 30M Revenue
  • $1.5M - 3M Comprehensive loss
  • A clean balance sheet for 2013.
Cash and cash equivalents $24,974,244
Property, plant and equipment $81,412,558
Equity attributable to owners of the parent $73,362,072
Net loss for the year (2,070,781)