Verus International Inc (VRUS)

[Renegades17]

Getting better by the day

Good to be a consumer staples levered company with big growth opportunities. Just need to see more on the financing front to unlock a bigger portion of the backlog.

From what I've learned, the gross margins should be better starting in the back half as more branded products flow through the P&L. Given the company is already at close to operating breakeven, that likely means that FY 2020 could be meaningfully profitable (and FY 2019 might as well).

Look forward to hopefully seeing the 10-Q next week.