IKE - Ike GPS.com

[Rawz]

"IKE experiences some seasonality, with engineering activity impacted in Q3 because of winter storm events in North America. "

[Forrestdun]

Ouch, wonder what the impact of seasons has on the revenue recognition.

[Rawz]

SP up 6% market likes it!!

[Forrestdun]

"IKE experiences some seasonality, with engineering activity impacted in Q3 because of winter storm events in North America. "

SP up 6% market likes it!!

Stronger open than I expected

[Rawz]

Great open. I sold some. Just to take a bit of profit off the table.

IKE burned through about $5m in cash during the quarter.
If you look at the customer growth its snail pace. They now have about 10% of the market (they have 365 customer and say there is >3,200 utilities)

Anyways, overall another good update. And i expect Q4 to be an absolute boomer!

[Co0p_New]

Great open. I sold some. Just to take a bit of profit off the table.

IKE burned through about $5m in cash during the quarter.
If you look at the customer growth its snail pace. They now have about 10% of the market (they have 365 customer and say there is >3,200 utilities)

Anyways, overall another good update. And i expect Q4 to be an absolute boomer!

Cash balance was affected by FX translation. Not necessarily burned.

[Rawz]

Cash balance was affected by FX translation. Not necessarily burned.

Oh okay makes sense

[t.rexjr]

Great open. I sold some. Just to take a bit of profit off the table.

IKE burned through about $5m in cash during the quarter.
If you look at the customer growth its snail pace. They now have about 10% of the market (they have 365 customer and say there is >3,200 utilities)

Anyways, overall another good update. And i expect Q4 to be an absolute boomer!

5% according to that chat...

Taking profit may prove to be expensive risk management strategy. If they're a sound company let your winners run. They have big intentions and huge potential.

[Rawz]

5% according to that chat...

Taking profit may prove to be expensive risk management strategy. If they're a sound company let your winners run. They have big intentions and huge potential.

Was there anything else interesting said on the call? I wasn’t able to listen in

[Forrestdun]

Was there anything else interesting said on the call? I wasn’t able to listen in

They were quite positive, using AI to complete more work and automate, new products that should have a higher prices, more business onboarding, higher use of products.