Nightfood Holdings Inc (NGTF)

[Kiwikid1]

Per the NGTF CEO

Posted on public chat page that can be accessed via company website.

“Oatly planning IPO estimated at valuation of $10B
 
losses last year of $60M
 
Accumulated deficit of $120M
 
For better or worse, value in this space is determined more by revenue growth combined with market and brand potential than by any historic ability to spin-off free cash.  Nightfood’s  goal is rapid growth with strong gross margins that enable us to grow shareholder value by establishing ourselves as the leaders in our projected billion-dollar category.    We are not anti-profit, and we’re not a non-profit.  But long-term growth and strength will not be sacrificed for interim profitability aspirations.”