why aren't all 9 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Assertion Not checkable as stated
Eicher: Construction companies typically own 60% and rent 40% of machinery
“And if you're a construction company, the typical split would be 60%, your own machines, 40% rented machines.”
Assertion Not checkable as stated
Eicher: Flexcavo funds machines with debt at 1.5x to 3x coverage
“That facility is basically paid off by our machines. So we don't use equity to cross finance machines. We calculate basically on a debt coverage ratio and our machines have a typical debt coverage ratio between 1.5 and three X on depth. So the debt service is …”
Assertion Not checkable as stated
Eicher: Flexcavo holds over 10M in equipment inventory on balance sheet
“Way above ten million.”
Assertion Not checkable as stated
Eicher: Flexcavo owns over 400 machines and manages 10,000 client units
“Over 400 on our own fleet. However, we manage over 10,000 Pieces or units for our clients.”
Assertion Not checkable as stated
Flexcavo's gross margin is split 50/50 between rentals and software
“However, on a gross margin perspective, it's a fifty-fifty split.”
Assertion Not checkable as stated
Flexcavo's Largest Customer Manages 20,000 Units on Its Platform
“We're out in the business of helping clients with 50 plus units, up to 20,000 units currently with the biggest client.”
Prediction Not checkable as stated
Eicher: Flexcavo Aims to Surpass $300k Monthly Revenue in 2022
“I mean, clear goal is basically surpassing on an overall basis the 300 K monthly revenue, adding both streams up.”
Assertion Not checkable as stated
Eicher: Flexcavo grew revenue 18x from Q1 2021 to Q1 2022
“I think from Q one, 20, 21 to Q one 20, 22, we grew 18 X.”
Assertion Not checkable as stated
Flexcavo Serves 10 to 20 Paying Software Customers
“There we've been working in the range between 10 and 20.”