I hope these prices to stay right here for now as I'm only accumulating with profits from other plays. Still managing to get several million more shares each month.
My revenue estimates for last year are around $425,000. For 2024, maybe 3 or 4 times that with the new beer distributor and the taproom, so I'll guess $1.2 - $1.5 million for annual revenue this year. In 2025, I hope to see that triple that again ($3.6-$4.5 million; just guessing), depending upon if they get distribution into central California, and/or open another restaurant/tap room in Grass Valley.
So while that's not a ton of revenue yet through next year, it's still significant and they should be profitable enough within the next year to really allow them to scale much faster. The faster they can produce beer, the faster they can open up more distribution in California and then investors should be able to see a clear path to tens of million in annual revenues. That would get investors on board.
Like we've seen, for now, having money tied up here just means not having money for other plays. But I have full confidence that a long term play here will reap massive rewards if you have a big enough stake!
An upside surprise that would get me to scale in quicker is if they announce a new taproom/restaurant in Grass Valley (not out of the question), or announce the construction phase of the Phase II brewery (not just the taproom/restaurant), or as a long shot....
....Next month is the annual World Beer Cup competition, with results near the end of the month. Over time, as BrewBilt is able to enter more and more beers, into more and more categories, into the competition, the odds further improve that one of these years they might get one of those awards. Competition is fierce, however, with so many microbreweries entering the competition. But maybe one of these years they'll get lucky. That kind of award would get me to sell other stocks and quickly put the cash in here. So, I'll check every April to see the results.
Just my opinion; not investment advice.
