Sugarmade Inc (SGMD)

[x100xPercent]

2.1 million cost of goods
857,000 profits.
This is good profit for physical goods and if they can keep this kind of markup they will be very profitable.
Should be pretty obvious that operating costs should be high at first with all they were having to deal with such as the move and loading up on products and supplies, maybe some large expenses related to moving as well, who knows.

But you can't just look at a chart and cash flow and say that means the PPS will go in the direction that you think makes sense. That would be UTTER NONSENSE, far from the TRUTH of how stocks work.