GREY:SNNVF - Post by User
Post by
blueboyon Apr 29, 2019 5:43pm
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Post# 29685740
SNN repeats Q1 revenue guidance of $14 million - almost...
SNN repeats Q1 revenue guidance of $14 million - almost...as much revenue in ALL of 2018, so that is pretty impressive growth. They also repeated their 2019 full year projection of $72 to $78 million, which could look something like $14 MM / $16 MM / $19 MM / $23 million over the quarters of 2019, and that is WITHOUT counting any revenue from FSD or NHS.
With SNN's current market capitalization of around $203 million, that is a little over 3 1/2 times revenue, which is more than reasonable given the paltry revenues of many MJ companies with MUCH higher market caps. SNN should appreciate nicely over the coming months, especially with their sole focus on the (more lucrative) US market.
BB