Revenue alone is very mis-leading. Their cost of doing business is out of control.
How many brand new Cadillacs could I sell if I was selling them for $10,000. ? A whole crapload. But I'm losing money on every sale, and that explains why PHOT is an awful company. Sales are up but they still lose money hand over fist.
Their acquisitions have been on the BACKS of shareholders as pps consistently goes down with short lived bursts . The assets of the company are blue sky . The increase in revenues are not offset by continuing negative accumulation and debt . The size growth does make it more attractive to an acquisition ;having a total package available ;but unproven and questionable ability to provide needed quantity and distribution for large scale sales that would pull this to profitability or or sustainability . Marco does know how to make this more attractive to third parties ;but NOT as shareholder value increases ;more for self enrichment . The debt is so large that it would take Billions $ in sales to sustain shareholder pps value -especially if it leaves the highly speculative penny market