$JK.V Reports Impressive Financial Results JustKitchen (TSXV: JK) has just reported some really promising financial results.
In the three-month period ending December 31, food and beverage sales reached $4.17 million, marking a 118% YOY increase. Sales volume grew 126% in the first fiscal quarter of 2022 YOY, and the company’s delivery size per order increased alongside its number of ghost kitchens, growing from 10 to 21.
The company did experience an increased net loss in Q4 2022, however, this is attributed to the cost required for the company’s recent expansion efforts resulting in increased administrative and marketing expenses.
This financial report shows some really solid overall growth for $JK.v. The company also entered into some lucrative partnerships with Uber Eats and 7-Eleven in Taiwan recently, which sets expectations high for what the company will have to report next.
$JK.v is currently trading at $1.05 and is valued at $78.9 million.
https://ceo.ca/@newswire/justkitchen-reports-financial-results-for-its-first