OTCPK:CADMF - Post by User
Comment by
dart321on Mar 22, 2019 9:25pm
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Post# 29525996
RE:company actually lowered first year guidence
RE:company actually lowered first year guidence the 27 million stated before the update was Canadian dollars, this is stated in U.S. dollars and yes it's a slight drop of 1.3 million. Profit margins for the first quarter where 10% profit margins the second quarter where something like 17%. If you have been following this company they told us over and over again sales wouldn't start until late the quarter we are in now. Then rev up the following quarters which the guidance indicates. Their guidance is 19.2 million u.s. in sales by June 30th 2019. Their guidance is for 79 million u.s. from July 1st 2019 to June 30th 2020. I will post companies with this type of cash flow and show all here where the market cap is going if they hit those guidance numbers.