In CDN$ (millions):
Q1 2021 : 1,135
Q2 2021 : 1.114
Q3 2021 : 1.173
Q4 2021 : 1,2 (as per Cannaccord expectation)
FY 2022 : 19,6 - or 4.9 per Q (as per Cannaccord expectation)
Let's see what Q4 will show but Cannaccord is right, it will give a lot of credibility to its 2022 forecast.
Current multiplier is more or less (market cap of 120,000,000 $) 24 Extremely high
Assuming sales of 19,600,000 $ in 2022 and no additional O/S,
even at current pps $1,15, our multiplier would still be in the 20 range.
Bottom line: THE COMPANY MUST FIND A WAY TO GENERATE MORE REVENUES, FASTER, WHATEVER THE MEAN.