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Bullboard - Stock Discussion Forum Fire & Flower Holdings Corp FFLWF

Fire & Flower Holdings Corp. is a Canada-based technology-powered, adult-use cannabis retail company. The Company's principal business is the operation of a fully integrated cannabis consumer technology platform, supported by a fulfillment network of retail stores and delivery to cannabis consumers. The Company's segments include Retail, Wholesale and Logistics, and Digital Platform. The Retail... see more

GREY:FFLWF - Post Discussion

Fire & Flower Holdings Corp > Q2 Rev Predictions
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Post by quantum on Sep 16, 2019 2:40pm

Q2 Rev Predictions

I'm thinking around 14.6m and hoping margins improved 1-2% to 39-40% - anyone else? 

Estimate is based off July 24 investor deck that reports 37m since legalization.
Comment by RetireAT100 on Sep 16, 2019 3:09pm
Sounds like good margins. 30 stores might just do it for 14-15 million. 
Comment by Fastlane2 on Sep 16, 2019 4:33pm
I'm guessing a little higher at 17 million as in store traffic has increased dramatically according to Trevor Fencott's interview on BNN and the Hyfire digital platform has gained some intertest.
Comment by quantum on Sep 16, 2019 5:12pm
IMO the only way 17 is possible is if hifyre revs increased to the tune of 2.5-3M based on their total sales, the milestones they reported along the way and the last sales update as of july 24 (36.4m in the investor deck) I'm thinking closer to 15 but I realllly really hope youre right. Keep in mind, lots more competitors now and more saturation in AB.  I'll be thrilled with 17M but ...more  
Comment by upordown1 on Sep 23, 2019 3:01pm
System sales of $10,895,626 and recognized revenue of $9,538,348 at a gross margin of 38.5%, compared to $Nil for the thirteen weeks ended May 5, 2018. Subsequent Financial and Operational Highlights post May 4, 2019 On June 9, 2019, achieved system sales of $25,000,000. from their release.....so from May 5 to June 9 system sales was 14,104,374 for the 5 week period...projecting out to the end of ...more  
Comment by Newswiree2 on Sep 24, 2019 12:55am
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