OTCPK:NCNNF - Post by User
Comment by
Speculatormikeon Jan 01, 2021 4:01pm
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Post# 32207812
RE:RE:2020 income 80% more then 2021 positive
RE:RE:2020 income 80% more then 2021 positiveRevenue growth this year has been amazing from 1.6M in Q1 2020 to 7.7M in Q1 2021. If one takes the average Q over Q revenue growth for those 4 quarters you get about 50% per quarter. If you only look at the last 3 quarters the Q over Q revenue has risen 62.5% per quarter. Obviously this momentum must slow one day but if you go with the 50% for the next 3 quarters you get 62.6M in 2021 and then 316.7M in 2022. Lower that to 40% you still get 55M in 2021 and 210M in 2022. Let me reduce growth one more time. If we go with 30% Q over Q revenue growth we still hit 47.6M in 2021 and 136M in 2022. I think 50M in a relatively conservative estimate for 2021 unless a ceiling is going to be hit soon. On the flip side and if they could maintain the growth rate average from the last 3 quarters we would see 73.6M in 2021 and 513M in 2022. Just a few numbers to think on as we enter 2021. Happy New Year!!! PS I added on the 31st and feeling good about that on the 1st.