Thursday, February 27, 2020 9:29:11 AM
The 2021 estimates are revenues of $225.5M and adjusted EBITDA of $99.9M
This data comes from the latest Valens investor presentation:
https://thevalenscompany.com/wp-content/uploads/2020/02/InvestorDeck_Feb2020-Final.pdf
AltaCorp Capital analyst David M. Kideckel raised Valens estimates for fiscal 2020 revenue and adjusted EBITDA of $185.8 million and $81.6 million, respectively, and 2021 revenue and adjusted EBITDA of $245.8 million and $107.5 million, respectively.
https://www.cantechletter.com/2020/02/the-valens-company-has-a-huge-upside-says-altacorp/?fbclid=IwAR2G_N71K8ZAEVhQjOrGbwP6uDuvXxhn2-ZpK7oIW-_S93DxxIcFxH-Ow-Q
Based on the optimism I heard and read in the conference call, I am fine with this analyst's bullish prediction.
With highlights for key points, read the conference call transcript at this link:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154034913
Of course, given the coronavirus scare, who knows what's going to happen.
Passing pre-rolls and vapes among friends might be curtailed. That could be a good thing if more people use their own and don't share for fear of spreading the virus.
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM