Diego Pellicer Worldwide Inc (fka DPWW)

[JAC071004]

Diego Pellicer Worldwide Inc (OTCMKTS: DPWW) reported a 260% YoY increase in its net income to $816,280 for 1Q2021 compared to a net loss of $511,220 for 1Q2020. However, the company’s quarterly revenue dipped 50% YoY to $191,750 compared to $384,030 for a year-ago quarter. Diego’s net profit margin for 1Q2021 increased 425%, and cash on hand was $198,100 as of March 31, 2021. Before this, the company had reported a 32% YoY increase in its gross receipts for FY2020. Alongside a 47% YoY increase in gross receipts for the 4Q2020. Diego’s stock has soared 230% in the year-to-date trade.