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Tuesday, March 22, 2022 9:23:25 AM
$SFLM revenue increased by 34.75% in 2021 - after a profitable Q3 and record Q4 - against its target of 30%.
This trend is continuing in 2022 with revenue in the last 5 weeks of $298K + $319K + $256K + $362 + $355 - up $500K compared to the previous norm of $200K to $230K in 2021.
If this trend is continued throughout 2022, this would mean revenue of $13M > $14M+ for just the Jewelry Division.
In addition, there will be additional revenue from the Metaverse Division, the NFT Division and any companies acquired under the Collectibles Marketplace Strategy.
Extracts from March 17 PR:
"Positive trends include rising average sales price per item, more total sales, and a marked increase in repeat buyers, which suggests a higher overall sales growth potential independent of market share."
“The fundamental picture looks great for the core business."
"We continue to benefit from our position relative to the traditional jewelry industry – we have no supply chain issues and we aren’t seeing a margin squeeze driven by rising raw materials pricing because we don’t manufacture our products."
"But most importantly, word is spreading. Web traffic is up substantially. More people know about SFLMaven, and more of our past customers are coming back, which is a terrific signal about our value proposition and our ability to deliver customer satisfaction.”
Latest DD here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168265506
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