InvestorsHub Logo
Followers 68
Posts 5075
Boards Moderated 2
Alias Born 08/04/2014

Re: chevdawg18 post# 22360

Friday, 05/22/2020 7:59:23 AM

Friday, May 22, 2020 7:59:23 AM

Post# of 31697
Agreed, check out this little gem back from February. CAVR acquired Sinacori mid way through Q1 and still grossed $1.5m and netted $1m, that's a profit margin of 66%. Prior to this Covid 19 epidemic, they projected $20m revenue with an increased profit margin. 30% of $20m is $6m :)

Now we may not see that 20m this year given the situation we're all dealing with, but I'm willing to bet we're impressed with overall numbers based on some of the figures that were flying around during that conference call yesterday, and who's to say what we net if they stay even remotely close to that 66% profit margin.

Diamond in the rough ladies and gents.

The acquisition is scheduled to close on or before Friday, February 28th, 2020.

Sinacori Builders has grossed over 30 million dollars in revenue over the past three years with a consistent 20% profit margin year after year.

Without including the kushAMERICA innovative expansion and growth plan fueling this acquisition, Sinacori Builders is projecting over 20 million in gross revenue in 2020 with an increased profit margin.




Ahead of the curve.