Agreed, monster quarter. I get $0.14 per share as well with my calculations. I was expecting a bit more in terms of revenue for the quarter, but given the finished goods inventory levels, I think some of that will be carried into Q1. On a reported basis, the next two quarters should show some significant year / year growth, both in terms of revenue and profits. As you mention, the iron ore industry is hot and the company has expanded its offerings, including some higher tech wear management offerings.
I tend to focus on EBITDA, and 2020 was a record year in terms of EBITDA. $8.5 million of EBITDA to be exact. I see no reason why 2021 won't eclipse that mark. Company generates a significant amount of cash flow, would love to see some of that returned to all shareholders.
I did find it interesting that the company ended its sponsorship of Kostecki Brothers racing in July...
