Unique Logistics International Inc (UNQL)

[LJ-Bodhi]

If anything, UNQL is consistent with their smoke and mirrors, tricky reporting. They provided 3 and 9-month revenues for the combined US and Asian offices. But, not for 2022/2023, which would accurately account for the present fiscal year. Nope, they threw in 2021/2022 with the pumped up Covid revenues. Why the lack of current transparency? Well, at least we can see what Asia would have added last year. I guess deduct by 90% to account for the decreased prices/revenues this year.

9 months ended Feb 28, 2022 combined:
1,040,963,776
845,638,444 (US alone)
195,325,332 (what Asia would have added. That's it folks. Less than $200m for 9 months during the Covid boom)

3 months ended Feb 28, 2022 combined:
339,213,905
250,435,895 (US alone)
88,778,010 (Asia addition. It makes sense now why UNQL won't post Asia's 2023 revenues!)

And they paid $28m. Clown Show and the Asian owners laughed all the way to the bank.......

Not enough lipstick in the world for this pig. $360 enterprise value???? It is DEFINITELY 4/20 today LOL