Post by
drunk@noon on Nov 22, 2021 7:39pm
Unless Ikea contract is going to bring 50 mill a year of
cashfloq through the door, stop your yapping.
Market cap over 300 million. You rev run rate is 16 million and the company isn't profitable. So some 20 million a year contract that brings 6 million to the bottom line, does what? Leaves the company trading at 50 times cashflow.
SO WHAT DOES IKEA BRING THROUGH THE DOOR THAT MOVES THE NEEDLE ON A 300 MILL COMPANY THAT CURRENTLY LOSES MONEY?
CHUMP CHANGE WON'T CUT IT.
Comment by
Mick67 on Nov 23, 2021 9:13pm
Subtract the net cash and review what the revenue run rate is. Your numbers are materially off the target the CEO provided. Multiply by 5 the revenue and divide by 5 your cash flow multiple. Then think of personal care and other avenues of pursuit. Not sure you have looked at the big picture.