RE:CC For anyone who missed itThanks for the link and very informative call. Some highlight takeaways I picked up on
Strong gross margins at 20% blended average (twice the industry norms). With over 100M in current backlog, lower debt servicing - high potential for a very strong bottom line with increased deliveries
Capacity increase capability in China, Canada and the US through their own eneavours and partnerships
Repeat orders from existing customers
High activity in the sales cue
Customers willing to pay additional price increases (approx 20% YOY)
As expected, they have garnered attention with acquisitional inquiries. These can often take a while through continued dialogue but they have the eye of the competition.
I see high upside if Grande West can continue winning and remain focused on executing high quality and on time deliveries.
Bonus - sellers who gave us more shares at a lower price!