TSXV:NDVA.H - Post by User
Post by
Duster340on May 31, 2024 10:13am
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Post# 36066162
On Sale @4.5 cents
On Sale @4.5 centspicked up some more, mightl flip after next earnings report.
Company Outlook
Indiva projects a promising Q2 2024, expecting higher net revenue both sequentially and year-over-year, potentially surpassing $10 million. This optimism is fueled by strong purchase orders, ongoing robust sales from core brands, and new product launches. Furthermore, enhanced margins are anticipated due to an improved product mix and better overhead absorption, setting the stage for a record-breaking fiscal year in revenue and EBITDA.