RE:RE:RE:RE:RE:The Bashers Want Our Shares 🙈🐵 Case in Point.
Clearly we’re dealing with a highly logical, fair minded, mathematical genius with a business acumen second to none.
Stickman2021 is utterly fantastic!
That whole last bit about eliminating the losses.!!!
Absolutely brilliant!!!
I’m sure the folks at Auxly will get right on that as they enter what will only be their third year of full scale sales. Now with fully automated, scaled up operations and a laser focus on generating profits in 2022.
cheers
stockman2021 wrote:
UniqueKitty wrote: Let's keep it simple. We DO talk about the losses. When we discuss EBITDA negative or positive we are talking about the companies losses or gains with respect to revenues generated vs expenses.
By tracking EBITDA we can determine the companies progress toward becoming a profitable and self-sustaining entity.
Improving margins means a company realizes a higher net return on their products. This reflects in higher net revenues which improves EBITDA by further offsetting any cost/losses incurred.
In 2021 Auxly improved EBITDA by 24% and reduced its Net Losses to ($33million) as compared to the ($85million) in 2020. That's a 61% reduction or a $51.5million dollar improvement from the year prior.
As for being broke and having no money;
Net Assets C$450 million
Share Equity. C$208 million
Gross Revs 2021 C$120 million
Net Revs 2021 C$ 83.8 million
Cash C$ 14.8 million
There is no possible, logical argument or explanation that these numbers warrant a Market Cap of under C$300million let alone less than C$150million.
Read the full press release and be sure to scroll through the tables provided if you're on your phone.
https://www.globenewswire.com/en/news-release/2022/03/31/2413738/0/en/Auxly-Reports-Fourth-Quarter-and-Full-Year-2021-Financial-Results-and-Provides-Outlook-for-2022.html
Auxly has improved on almost every metric and is focussed on profitability but that doesn't matter when the entire mj sector is getting stomped on.
'Of course, a single minded, one dimensional basher might say that, 'none of this, has anything to to with, any of that.' Thereby dismissing everything but their own opinion.
cheers
Total nonsense. $14 million in cash in this business is basically nothing. As for the $450 million in assets? What are you talking about specifically? Physical assets like buildings? This isn't a real estate holding company and so no one is going to give this thing a market cap of $300 million or more based on assets that are likely mortgaged and have limited utility. Its not as if shareholders will see any of that money if this went belly up tomorrow.
As for the revenues? That's all well and fine but the profits are what drive market caps, not merely revenue. You are essentially calling for a $.50 stock price with 800 million shares out there and that is totally insane with so little cash and losses still in play.
Eliminate the losses entirely and reduce the share count if you want valuations in that neighbourhood. Its absolutely laughable how anyone can argue that a bloated pig like this shold be trading at inflated prices simply to satiate the greed of the pumpers here.