Post by
gnote1 on Apr 03, 2021 10:51am
Interesting metric!
Had some time on my hands so I thought of doing some simple math.
32.2 million dollars in retail revenue in 2020.
Prior to 2020 D9 had 4 stores St. Vital, River, Thompson and Brandon
In 2020 they opened Calgary June 9th, Grand P June 18th, Kenaston Aug 2nd, Sask Nov 20th, and Kildonan Dec 22.
In 2021 - Kirkfield Feb 5th , Bunns Creek March 18th, and McPhillips (April?)
So in 2020 they had approx. 67 total retail sales months.
$32.2 million in revenues divided by 67 months = $480,589. revenue per month.
Unless Im wrong and just blowing smoke, correct me if Im wrong please. In 2021 with the potential of 136+ total sales months with all known stores. Is it possible to hit $ 65 million plus in retail this calender year?
is 2021 the year D9 hits 100 million in total revenue?? Will the SP be in the 50's with this metric?
I don't think so. Hang on for lift off!
Comment by
knights101 on Apr 03, 2021 1:41pm
Gnote1 i watch the new proactive youtube report..John said he is in profit mode but on yahoo fin. I see a net loss for 2021can you explain..thanks
Comment by
gnote1 on Apr 03, 2021 3:37pm
2020 Gross Profit 17,998,266 2020 Expenses, 20,765,918 (2,767,652) What business doesn't like to reduce Income taxes. Investing activities 6,317,964 Plant,equipment property, Calgary stores, Lolydminster store, and VItreous Cannabis