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Just Kitchen Holdings Corp JKHCF


Primary Symbol: V.JK

Consumer Cyclical Technology Restaurants
Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company’s other business, JustMarket, is an ecommerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen. The Company has developed its own signature menu items under various brands, including Hot Ones, Just Chicken, Boba Mania, go Leane and Bodyfit. The Company's subsidiary is JustKitchen Co. Ltd.


TSXV:JK - Post by User

Just Kitchen Holdings Corp > JustKitchen reports great financial results for Q2
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Post by maysilverstoneon Jun 01, 2021 4:16pm
114 Views
Post# 33304854

JustKitchen reports great financial results for Q2

JustKitchen reports great financial results for Q2
Yesterday $JK reported record financial results for the Q2 of the fiscal year ending March 31, 2021.
 
Highlights:
 
- Food/beverage sales of $2,224,281 for the 3 month period ended March 31, 2021 compared to $127,716 for the 3 month period ended March 31, 2020
 
- For the 6 month period ended March 31, 2021, sales reached $4,135,451 compared to the 126 day period from Nov 27, 2019 to March 31, 2020 in which sales reached $233,137
 
- Sales volume grew to 128,400 customer food orders in Q2 from 117,800 customer food orders in Q1 of 2021
 
- The average dollar amount per order increased by 9% to $15.38 from $14.16 over the two most recent quarterly periods
 
- Delivered about 142k total customer food orders for the months of April and May (exceeding the previous quarter's three-month total of 128,400 orders)
 
$JK up 7.6% today to $1.55 with a mc of only $91.7M. Currently operating in Taiwan and Hong Kong, I'll be adding this one to my watchlist as they expand their operations to the US, Philippines and Singapore.
 

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