Wednesday, November 16, 2022 10:34:25 AM
However, when you compare them to the Q1/2022 and Q2/2022 numbers, they're not great and broke the improving performance trends we had going in 2022.
Total Revenue increased 13% from Q1 to Q2, but DECREASED 19% in Q3.
Operating Expenses decreased 24% Q1 to Q2, but INCREASED 5% in Q3.
Net Income increased a whopping 1600% Q1 to Q2, but DECREASED 73% in Q3.
DILUTION decreased 83% from Q1 to Q2, but INCREASED 516% in Q3.
It appears that the majority of our Revenue from the 2021 harvest hit in Q2/2022.
Yes, we have 3 Q's in a row with some Profits, but Q3 was not that great.
Bill's only diluted 17 million more shares in Q4 (he snuck in another 3 million shares yesterday), and we're already halfway through it, so that's good.
Q4/2022 and Q1/2023 numbers will be much better than Q3/2022, because increased Revenues from 2022's harvest will come in.
So far, it looks like the street is not impressed with the Q3 numbers...
GO $LVVV
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