Wednesday, November 16, 2022 11:54:59 AM
However, Q3 numbers for this year compared to last year were of course going to blow 2021 out of the water.
Comparing Q's year to year, IF WE HAD COMPARABLE SIZE HARVESTS IN 2021 AND 2022, would be more of an apples-to-apples comparison.
Because we've tripled our grow this year, comparing the numbers to last year doesn't really reflect an improvement in performance and totally skews the numbers.
In Livewire's case, comparing Q to Q in 2022 will give you an indicator of any improvements in running the business.
You can use both methods to try to get a feel for how Livewire is currently doing, but just using year to year numbers, when we've tripled our crop isn't the most accurate way to determine Livewire's current financial health.
All based on my experience investing in startups and IMHO, of course...
GO $LVVV
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