InvestorsHub Logo
Followers 33
Posts 7535
Boards Moderated 0
Alias Born 12/15/2002

Re: None

Monday, 05/17/2021 9:38:37 AM

Monday, May 17, 2021 9:38:37 AM

Post# of 129
2 weeks ago (May 4): 'From January to March 2021, good natured® reported $8 million in revenue with gross margins anticipated to reach between 36 and 38 percent'.

The company kept growing its network since then.

Assumoing (worst case) revenues to be stable ($8mm/quarter) we have a company rolling a $32mm per year business.

Current market cap is $24mm ??? That means a multiplier of less tha 1 (.75).

What is wrong here ???

Patiently,

Roger