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Wednesday, November 24, 2021 1:17:05 PM
But more importantly, and I said it a few months ago. Now that we have SEVEN locations, and they are getting back to normal, I expect by 4th quarter of THIS fiscal year to have net profits again. We have reached that critical mass, where the profits of the cafes should IMHO overcome the overhead of the corporate expenses and we should have net positive earnings again, and from then on forward. PLus, with the 8 or 9 that we shall have by then (cough, cough) we should have enough cafe profits to have net profits from then on out. 2021 is getting the existing cafes back open and profitable. 2022 is expansion. Also said that.
Look at the March 2020 quarterly though for your answer.
We were just getting to profitability when COVID hit.
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