Agreed Wolf. The NXPL side of the business only grew by $2.8 million in 2024 compared to last years report. That is EXACTLY the point I was trying to explain earlier. If the reported "revenue increase" was so good we would not have seen 74k shares sold on todays news. IMO
Furthermore, investor's have to question why RXMD yearly revenue was close to 50 million in 2023 and now after its been consolidated with NXPL they are reporting about half that number at $24.9 million attributable to the healthcare as declared in the PR. 🤔
They didn't "grow" by 73%... they "acquired" 65% more business revenue from finalizing the RXMD merger and adding that revenue onto their yearly financials, which is why they can make such claims. The significant percentage increase is soley due to the RXMD acquisition. Take away RXMD and NXPL would only show an increase of about 7.5% (2.8 million higher than the 2023 yearly report 37.8 million)
Adding the increases of 65% for RXMD + 7.5% of NXPL results in a rather fuzzy 73% claim made by NXPL to create a juicy headline. Fernandez is misleading and knows exactly what he's doing.
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