2022) APHWF

Consumer Defensive Household & Personal Products

Based in Ontario Canada the Apollo Healthcare Corp Apollo is one of the largest private label personal care product manufacturers in North America developing and manufacturing retailer branded and private label products for major North American retailers. Apollos products are sold in tens of thousands of stores across North America and its customer base spans across major North American grocery drug and mass merchandise retailers users as well as wholesale clubs. In addition to private label Apollo also manufactures products on a contract basis for many of its clients.

OTCPK:APHWF - Post by User

Apollo Healthcare Corp Warrants (03/01/2022) > Sneaking the bad news out the back door

<< Previous

Bullboard Posts

Next >>

Comment by liverlesson Aug 14, 2021 9:58am

162 Views

Post# 33705945

RE:Sneaking the bad news out the back door

I thought differently. Everyone knew that with covid waning in the second quarter that revenues would be down substantially. Especially with shelves full of sanitizing products that were stocked up over past year after shortages.

Yet they still did 9c EPS and $8mm of cash flow before working capital.

On a $200mm company with no debt (I don't see this debt number below?) and $40mm of cash that does not seem too bad to me.

Also, the debt number I see in the statements is As at June 30, 2021, $Nil of debt was outstanding to WFI Inc. (June 30, 2020 — $16,299). Note 10 describes shareholder equity from what I can tell.

Its a $3 stock and if they can do $0.30-$0.40 EPS on a normalized basis for this sort of business its not expensive here.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for May 3, 2024