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Re: ORCA post# 24460

Wednesday, 06/16/2021 9:16:56 PM

Wednesday, June 16, 2021 9:16:56 PM

Post# of 24668
AXXA HIT .052 AFTER MY CALL AT.0427.NOW .043S.AWESOME ARTICLE OUT.
WOW.TIME TO ADD BIGLY MORE SHARES.

https://www.marketwatch.com/press-release/any-investor-who-avoided-exxe-group-inc-axxa-wayfair-w-and-at-home-group-home-over-the-past-twelve-months-would-be-well-served-to-take-another-look-2021-06-16
Press Release
Any investor who avoided Exxe Group, Inc. (AXXA), Wayfair (W) and At Home Group (HOME) over the past twelve months would be well served to take another look
Jun 16, 2021 (OTC PR WIRE via COMTEX) -- The global furniture market is expected to grow from $564 billion in 2020 to $671 billion in 2021 at a compound annual growth rate (CAGR) of 18.9%.

4 good reasons attributed to this growth:

Improved housing market fundamentals in the United States make the near-term outlook for the furniture industry encouraging.
Mortgage interest rates are at record lows,
The continuous declines in mortgage rates have been driving new home sales, which in turn, should drive demand for furniture products in the near term.
Working from home or stay-at-home orders amid the COVID-19 pandemic have encouraged consumers to take on more home improvement projects.
Significant investments in renovation are expected to brighten the market outlook.
With home sales soaring around the world, furniture stocks provide an interesting investment opportunity for short and long-term investors. As more people buy new homes, new furniture likely follows. Here are four stocks riding this trend: Exxe Group, Inc. (OTC US: AXXA), Wayfair (NYSE: W) and At Home Group (NYSE: HOME).

Exxe Group, Inc. (OTC US: AXXA), a diversified fintech company, recently acquired a controlling interest in furniture manufacturer and interior design agency daskonzept group AG, which is headquartered in Thun, Switzerland.

daskonzept had assets of $11.4 million, revenue of $4 million, and EBITDA of approximately $813,000 in CY-2020. CY-2021 estimates are for revenue growth of 37% to $5.5 million, and EBITDA growth of 34% to $1.1 million.
daskonzept furniture brands include USM Haller, Vitra, Tecno, and Inno. The Company has various furniture manufacturing plants, offices, and warehousing operations in Switzerland, Italy, Finland, and Germany.
daskonzept has served a range of prestigious clients including, but not limited to, MoMA, Museum of Modern Art, New York, Charles & Ray Eames, George Nelson, Sir Norman Foster, Frank Gehry, Nicholas Grimshaw, Zaha Hadid, Tadao Ando, Alvaro Siza, Herzog & de Meuron, and SANAA.
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