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Replies to post #395815 on Elite Pharmaceuticals Inc (ELTP)
HGilS
02/14/24 10:40 AM
#395816 RE: The ELTP King #395815
kayak_wench
02/14/24 10:42 AM
#395817 RE: The ELTP King #395815
Can you provide a Q4 and 2024 sales and profitability outlook? Okay. We usually don't do that, and profits side we don't do that, and I agree with it. But I'm going to be brave today and tell you this. Let's look at 2023. In the last three quarters from January till September, we've made more than $30 million. By the end of this quarter, this -- by December, we would be north of $40 million. Next year is going to be a bigger year, because we will have Presco in the mix. And later on in the year, we will have some of the needle movers as well. So next year, calendar year 2024 will be even bigger than that. And for 2025, will it be even bigger than that, too, because most of the needle movers will get approval for will be toward the end of the year. So what I'm looking at is an extremely positive outlook for Elite. The increase we have seen from $7.5 million to $23 million is only the beginning. I think the next three, four years are going to be fantastic for us and for the stockholders. With that, thank you all for coming. I really appreciate it. And thank you, Matthew, and we will talk to you soon. Operator Thank you, everyone. This concludes today's event. You may disconnect at this time, and have a wonderful day. Thank you for your participation. Question-and-Answer Session End of Q&A