Celsius Holdings Inc (CELH): The plot thickens... On the heels of...

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Re: Altitrade Partners post# 5895

Tuesday, 03/14/2017 9:47:54 AM

Tuesday, March 14, 2017 9:47:54 AM

The plot thickens...

On the heels of revenue growth of 47% for the fourth quarter of 2016...

The question becomes 47% growth over what? QOQ over Q4 of 2015, YOY, as in 2016's results over 2015, or QOQ over Q3 of 2016?

1. QOQ (Q4 of 2015): 4.26M X 1.47 = 6.26M
2. YOY: 17,217M X 1.47 = 25,309M, which imputes Q4 revs for 2016 of 8.8M.
3. QOQ (Q3 of 2016): 6.657M X 1.47 = 9.786M

If it's 1, that's no bueno. If it's 2 or 3, it's a home run.

The first number of the quarterly revenues has to be at minimum a "7", as in $7M+, to maintain the growth story.

My gut says it's 3 because I've thought "9" would be the first number for a while. Probably won't be profitable because of all the one-time charges associated with expansion into China. But it sets up Q1 of 2017 to be and every other quarter in 2017.

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