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Sunniva Inc C.SNN

Alternate Symbol(s):  SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.


CSE:SNN - Post by User

Post by blueboyon Apr 29, 2019 5:43pm
174 Views
Post# 29685740

SNN repeats Q1 revenue guidance of $14 million - almost...

SNN repeats Q1 revenue guidance of $14 million - almost...as much revenue in ALL of 2018, so that is pretty impressive growth.  They also repeated their 2019 full year projection of $72 to $78 million, which could look something like $14 MM / $16 MM / $19 MM / $23 million over the quarters of 2019, and that is WITHOUT  counting any revenue from FSD or NHS.

With SNN's current market capitalization of around $203 million, that is a little over 3 1/2 times revenue, which is more than reasonable given the paltry revenues of many MJ companies with MUCH higher market caps.  SNN should appreciate nicely over the coming months, especially with their sole focus on the (more lucrative) US market.

BB
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