RiceBran Technologies (RIBT)

[wow_happens28]

CC excerpts

Bradley
And as we continue to grow, we should see operating leverage, expand our gross margin, leading to sustainable profitability. We've built a viable, streamlined, efficient platform for profitable growth. During the past year, we've been introduced several new product lines. In 2022 we'll introduce even more.

Mitchel
As a result, we remain optimistic that what we believe is a discount to fair value will be reduced with continued improvement in our operations, and that we will be able to regain compliance organically. With that, I'll turn the call back to Peter for closing comments. Peter, can you hear us?

Mitchell
Hi Mark, it's Todd. I think, that Q1's trends follow on the latter half of the fourth quarter. I wouldn't go -- I don't want to use our December which was very strong for us as a benchmark going forward. But overall, I think, the trends remain positive and certainly, we're well ahead in terms of revenue and EBITDA vis -a - vis some of the quarters we saw in midyear last year.

Dr. William Peters
Okay, great. Hi, guys. Good numbers. Thank you for taking my call. I just want to make a request. Simple request. If Investor Relations or public relations, that our IBT employees can keep investors more informed with news such as new product update or new customers? And I think that will help retail investors stay more informed. And I think, that will help you fulfill your 180 day grace period with more retail investors coming and buying into RiceBran because they are more informed. That being said, usually we're waiting until earnings report that comes out and you've had a very good earnings report, it will be nice throughout the whole year that we had a little bit more information so we can feed off of that.

Bradley
It's one of our objectives for this year, is just to be more productive in our communication. We spent 2021, dealing with getting the operations to a level, but we recognize we need to improve our communications, particularly with postings on the website and press releases. The well to keep everybody informed, then, all stakeholders from investors, but also into customers. So appreciate your comment, your sentiment's well taken.

George Melas
Okay. Thank you. Good afternoon, Peter and Todd, and congratulations for the improvement, especially in the fourth quarter. Can you -- I think that the business reaching EBITDA breakeven is dependent upon further growth of the top line. Can you help us understand the revenue capacity of the various businesses of Dillon MGI, Golden Ridge, and then the core SRB business. Help us frame how big these could be based on your current relationships.

Bradley
And I think, George, you'll start to see that and may see some little movement in Q1, but I expect to see that more in Q2 and Q3. As we bring -- as we start to access new markets in there. In terms of -- I don't see overall capacity really being the growth limiter. Yes, we have a lot of demand for our derivatives that we manage, but I don't see it as a major limiting factor, particularly through 2022.