LAMBDA TD Software
Sorry Facebook. I think that I have to agree with the many critics who believe that the Facebook company valuation is grossly overpriced. We may all be absolutely wrong, but the product is an intangible. Kind of like life insurance: great if you have it, but you can live without it (sorry, I made a funny). But where is the actual substance of your product? And like most of the large Internet Companies of their day, the business model is almost solely based on advertising and aggregation. So I guess that if people are going to invest in a company like Facebook, they are gambling that in your ranks, you have the genius to can come up with a better model of monetization for social networking than any of the companies that preceded you. But then again, maybe you can.
I don't dare to compare LAMBDA TD SOFTWARE with Facebook in any way. The difference in scale alone would preclude that. But we are easy to understand and have an innovative technology product that is real. We are a software company in a brick and mortar (literally) construction industry and we actually develop and assemble tangible products and services that create real solutions. And our business model has been formulated over combined decades worth of experience by our team of industry professionals. And also because we are in a unique niche in our industry: (1) has consistent growth; (2) does not rise and fall dramatically with the economy; (3) essentially repeats the same tasks from job to job; (4) isn't capital intensive to start or maintain; (5) can be operated independently of other Contractors- that is, we can secure, start, and complete a contract without having to depend on general Contractors or other Sub-Contractors to do their parts of the job.
Our financials are very simple although as we keep adding new revenue streams, they will become more complicated. We follow the four basic elements of making money in business: 1) revenues, 2) profit, 3) cash flow, and 4) equity; while also strictly following GAAP (Generally Accepted Accounting Principles).
For instance, small company that we are, our Q1 2012 revenues were $635,337 (minus) Cost of Goods Sold (minus) Expenses = $419,468 NET INCOME. And our Cash Flow Statements and Balance Sheets are handled in the same, simple and straightforward manner. Our business, like most other hi-tech companies are separated into three distinctive departments: (1) business development [Front End], (2) Operations & Product Development [Production], and (3) accounting [Back Office]. And it is only the efficiency and vigor in which our LAMBDA Team performs our job responsibilities each and every day that should reflect our EPS (Earnings Per Share). Easy peasy lemon squeezy. So you see, I’m still a skeptic. If you have a brand new formula and a better way of doing business, I sure would love to see it! Best wishes on your IPO. We will all be watching closely.
Sincerely, Robert M. Corcoran |
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