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Vandalayind

03/12/19 6:22 PM

#45163 RE: Deetew #45160

Yes like I said. Below everyone.

Keep in mind that some very big hitters just got involved in CBD and hemp cultivation.

What do you think will happen when they are fighting for market share with very large producers.

This will happen. Not if, but when.

CVSI has squandered the opportunity to come up with a strategic advantage.
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kwazeetech1

03/12/19 6:36 PM

#45168 RE: Deetew #45160

Nice job deetew. I was at 14.6m for the qtr. Darn.
I did expect a little higher rev but being profitable is key going foward to have cash for investment. Hopefully Q1 is a little better. Gotta run numbers later to check the multiple and get a share price. I like the positivity of the analysts on the call though.
Not seeing after hours trades yet..
What does everyone think we trade at tomorrow?
Maybe a little drop and then correct back?
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jefra1965

03/12/19 6:51 PM

#45173 RE: Deetew #45160

Things to keep in mind:

1. Accounts receivables ($3.34M) jumped $800K from an average of $2.5M in Q2 & Q3. It could have easily been $14.7M or $14.8M in sales.

2107 sales plus AR = $22.2M
2018 sales plus AR = $51.6M AR= 7% Sales

2. FCF margin (Free CASH FLOW %) went from 15.3% to 24,2% of revenue. Officially a CASH COW.

3. Net Income increased from NEGATIVE 4.9M to $10.00M
That's an almost $15M increase in NET INCOME in one year. And NO DEBT.