Mikros Systems (MKRS) share price has not been indicative of the company’s success. FY17 revenues were up 42% and net income increased 186% to $236,000. Many major milestones were reached this year and more military contracts are pouring in.
It’s likely that MKRS investors are expecting even more improvement to the bottom line. Although net income increased significantly, cost of sales increased as well. Moving forward, we expect big things from MKRS but would also like to see improving margins. Keep an eye out for contract momentum to remain consistent and any new press releases.