Bullboard - Stock Discussion Forum ParcelPal Logistics Inc C.PKG

Alternate Symbol(s): PTNYF

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ParcelPal Logistics Inc. is a Canada-based courier and logistics company, which is a specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and... see more

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ParcelPal Logistics Inc > Quarter over Quarter Growth

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Post by JimboBobcat on Oct 28, 2020 10:35am

Quarter over Quarter Growth

We have seen some good upside on this company so far. Would be nice to see Rich slow the delusion of our shares though. The lack of share price value I'm sure doesn't help this situation out, hard to get funding with a share price of $0.075... Below are the past results. Quarter 3 in the high 1 Million mark would be good upside for the company. With a 40% Increase it would put us a little over $1,800,000 revenue.

Quarter	Date	Revenue	% Increase YOY
Q2	2020-08-31	$ 1,445,587.00	87.63%
Q1	2020-03-31	$ 1,100,000.00	42.59%
Q4	2019-12-31	$ 1,942,000.00	66.77%
Q3	2019-09-30	$ 1,299,000.00	57.94%
Q2	2019-06-28	$ 770,452.00	0.06%
Q1	2019-03-29	$ 771,435.00	25.92%
Q4	2018-12-31	$ 1,164,511.00	224.59%
Q3	2018-09-28	$ 822,456.00	20827.63%
Q2	2018-06-29	$ 770,022.00	11967.42%
Q1	2018-03-29	$ 612,641.00	13285.21%

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Comment by HowdyBob on Oct 28, 2020 12:21pm

Nice work, thank you. I think we will see much higher than 40% YOY growth for Q3. I would think it is more in line with Q2 YOY of 89% or higher as Covid and the big bump in business from it I think really hit during the summer and then also add in Toronto. We will see in 4 weeks but whatever it is will the stock price move after because it didn't after a 89% YOY growth quarter and we all know ...more

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