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Peakbirch Commerce Inc C.PKB

Alternate Symbol(s):  PKBFF

Peakbirch Commerce Inc. is a Canada-based data and sales-driven technology company. The Company’s primary business is the sale and distribution of vaporizers, cannabis-related accessories, ancillary, and cannabidiol (CBD) products (collectively, CBD, cannabis-related accessories and ancillary products), via its e-commerce portals Namastevaporizers.com, Everyonedoesit.com, LiftedCBD.com, Lifted.com, LeafScience.com, Greeny.com and Hotboxherb.com (the e-commerce sites). The Company, through Hot Box Herb, distributes or sells its own organic branded CBD products, named New Era Wellness, consisting of a product line of topicals, edibles and flowers. The Company utilizes Shopify and WooCommerce for its e-commerce Sites in order to streamline and simplify its accounting, payments and fulfillment process. The Company relies on Shopify and WooCommerce’s application program interface (API) for integrations with other applications and software services.


CSE:PKB - Post by User

Post by SuperMoneyon Mar 04, 2021 4:42pm
279 Views
Post# 32718242

Financials out

Financials out

The fins looks great for me.

The MD&A indicated (at page 6) that “ During the year ended October 31, 2020, the Company generated total revenue of $1,498,536 (2019 - $1,119,595). The increase was attributable to the continuous effort by the Company to drive traffic to its various e-commerce sites through effective marketing tools and channels and the ability to increase the average order size in terms of total value when compared to prior year. The majority of revenues were generated in the United States, which is Company’s market focus. Over the years, sales to the United States as a percentage of total sales continued to increase. During the year ended October 31, 2020 and 2019, 99% of the total sales were generated from the United States. The Company expects this concentration of sales in the United States to continue in the future as the Company expands its market presence in the United States...”....

https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00037164&issuerType=03&projectNo=03183026&docId=4902300


 

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