RE:Q4 expectationsFirst of all the fact that they were able to sell 800k in Q3 is commendable given that almost everything including parts of their supply chain was shutdown.
They had mentioned that, some of their Q3 projects have shifted to Q4, plus given the recovery across the multifamily spectrum- I think Q4 will be much higher than 1.2 mil. I am expecting closer to $2 mil sales for the quarter. However with the tariffs , I dont know how COGS will shape up.
Their products are getting very positive reviews on home depot and in my opinion the only roadblock to sustained profitability are the tarriffs. If they are able to negotiate bulk discounts with the manufacturer or some other way around tariffs, this company will be profitable as expenses are very low & the team is lean.
Current price is beyond obsence and such a steal IMO given they have such a strong valuable product and a financial resurgence after the nightmare of 2018-19. I think it will take couple of quarters but there is no reason why the sp should remain under 20 cents as the top line growth continues.