GREY:YSSCF - Post by User
Post by
Brandonrron Aug 12, 2020 3:53pm
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Post# 31399877
YSS LOOKING GOOD
YSS LOOKING GOOD YSS remains on target to exit 2020 with positive run-rate corporate EBITDA1 . This goal would be accelerated if the Company maintains a consistent pace of same-store growth for the remainder of 2020 and realizes positive contribution from opening and operating additional stores in 2020. Construction on the next two YSS stores, located in Waterloo and Edmonton, is expected to commence in the coming weeks. With $4.6 million of cash and no debt at the end of Q1 2020, YSS has ample capital to support ongoing same-store growth and complete the construction of planned new stores in Alberta and Ontario while maintaining the financial flexibility to pursue strategic acquisition opportunities.