TSX:BBTV.DB - Post by User
Comment by
marketguruon Mar 11, 2021 4:13pm
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Post# 32778333
RE:The problem with using Gross Revenue
RE:The problem with using Gross RevenueIm not sure that is fair Lazaros, its not a $40M revenue company, its a $40M gross profit company (big difference). They are trading at less than 10X gross profit where as their comps are trading at >50X gross profit. Also, their latest financials had the metric BBTV Take to provide more transparency about their revenue figures to make it clear that their take of the gross revenues were lower. This doesnt sound like a company trying to take credit for the entire top-line. The only way to look at this company is based on gross profit. Also, with the number of analyst reports, there is heavy scrutiny on the company.