OTCQB:VVCIF - Post by User
Comment by
Nickyfeeon Feb 01, 2020 5:35pm
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Post# 30629780
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I see some people have huge expectations..............
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I see some people have huge expectations..............
branching out into Europe where the company expects to receive EU-GMP certification for its Canadian operations in Q2 of 2020 and being shipping product immediately thereafter. This year should be a transformative year for Vivo, with the analyst forecasting 5,475 kg of Canadian market shipments, representing a 90% uptick over 2019, and then shipments of 9,650 kg in 2021. The analyst estimates VIVO will generate fiscal 2020 revenue of $47.2 million and an adjusted EBITDA of $(2.6) million and fiscal 2021 revenue of $94.6 million and adjusted EBITDA of $14.7 million.