Last Q2 2023 ERWell, for people who are able to read Financial Statement and are able to see the trend, please let me know your tough about this:
Compared to LY Q2.
Revenue down by: 51% from $72,014 to $35268
Cost of Goods sold down by: 10% from $61,302 to $26,337
Cost of General/Admin & Selling down by; 54% from $28919 to $13162
Net Loss per share from LY ($27.16) to ($0,26).
Actual BOD made a huge cleanup and the big boat are now going in the right trend of profitability.
Of course, the Excise Taxes of around 33% doesn't help to go faster on positive EPS but it is what it is.
So, my estimation for the next Q3 2023 ER is:
Revenue will increase by 10% to achieve $38795
Cost of Goods sold net to be decrease by also 10%
Hexo Results will turn on GREEN, finally.
IMHO....DYOD...Good luck to All...Gaillard