Celsius Holdings Inc (CELH): I was certainly wrong about the small pr...

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Re: Toxic Avenger post# 5063

Thursday, 03/24/2016 4:34:14 PM

Thursday, March 24, 2016 4:34:14 PM

I was certainly wrong about the small profit.

Revenue and gross profit were up about 10%, but OpEx rose almost 20%, probably on the expensive new hires. That will likely get worse going forward.
Perhaps more worrying is that both A/R and Inventory increased by almost 30%.

Q1 I would expect to see a small profit (small compared to the 4Q loss) on continued revenue growth.

If this were on the Nasdaq, it would be a bloodbath on Monday. On the OTC, who knows?

“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken

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