Q3-2021 revenue was $1.10M, up 204% YoY, beating our estimate by 205%, due to higher than expected orders for its white-label services. As management does not provide any guidance or disclose any details of upcoming service agreements, we find it very challenging to precisely forecast revenue for OMID. That said, we are raising our 2021 revenue forecast (from $1.22M to $2.12M).
This report is currently available to premium subscribers – Free subscribers will gain access on December 1st, 2021
Join as a FREE member and get our research report delivered straight to your inbox, with a seven-day delay
Visit OMID Holdings, Inc. page for more research, discussion boards and to like, and share.
