GREY:LXLLF - Post by User
Post by
lscfaon Jul 21, 2019 11:52pm
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Post# 29944851
Overvalued
OvervaluedThe $4.2 million US in the June qtr appears to be at full capacity of 1000 kg/day (50kg/day x 20 days) so doubling capacity to 2000 kg/day will generate $8.4 million US
Vitality financials: “
Specifically, as a result of commissioning our industrial-grade extractor in late January 2019, we have begun producing up to 20 kg/d of CBD isolates and plan to increase this up to 50 kg/d by the end of Q1 2019.”
| | 4.2/qtr rev | 8.4/qtr rev |
| Qrtly rev | 4,200,000 | 8,400,000 |
| Yearly rev | 17,600,000 | 33,600,000 |
| 50% gross margin | 8,800,000 | 16,800,000 |
| Opex | (16,000,000) | (16,000,000) |
| Op inc | (7,200,000) | 800,000 |
| 30% tax | 2,160,000 | (240,000) |
| Net inc | (5,040,000) | 560,000 |
| Diluted shs | 100,000,000 | 100,000,000 |
| eps | -$0.050 | $0.006 |
| Fx | 1.33 | 1.33 |
| eps cdn | -$0.067 | $0.007 |
| Multiple | 20 | 20 |
| Sh value | -$1.34 | $0.15 |