Bravada International Ltd (BRAV)

[Jammin1]

What, you don’t believe a company can lose over half their revenue in one year for no apparent reason with zero explanation? $1.4 mil posted in Q2 2020 and only $600k for Q2 2021. Anomaly?

No apparent reason?
Mask sales. Pretty obvious when you look at revenues:

2018 & 2019: average 670k per quarter

Q1 2020: 418k
Q2 2020: 1385k, with crazy surge coming from panic mask sales

Q2 2021: 600k, with much lower mask sales... back to pre-pandemic sales levels.

The question is only whether the short-term extra cash flow from pandemic mask sales is being deployed wisely to build more lasting business growth.