TSX:HEXO.W.A - Post by User
Comment by
mydogchachon May 21, 2021 8:59pm
58 Views
Post# 33253029
RE:RE:RE:Will Sebastiens 400 M sales come true??
RE:RE:RE:Will Sebastiens 400 M sales come true??Thirdly, if SSL predicted that Hexo's sales would be $400 million in 2019 - two years before teh Zena and 48North acquisitions were announced - why would you include Zena and 48North's sales figures to try and justtfy the $400 million?
You mislead readers by adding over $70 million in sales taxes in your Annual Sales figures, you use the wrong sales number fro Zena tot he tune of $40 million - and all of a sudden, your calculation is $110 million too high.
Instead of $312 million - your number (wrong to begin with) is $ 202 million - only halfway to the $400 million.
I asked you before - if you're going to go to all that work, why not just use the real numbers instaed of trying to mislead other posters?
quinlash - (5/21/2021 9:33:59 AM)
RE:RE:Will Sebastiens 400 M sales come true?? These are top-line sales, meaning sales before expenses etc, the same numbers that all companies state when they refer to their "annual sales figures".
I corrected a type-o below, original post referred to 400 Mil per QTR, sould be obvious I meant to say annual sales but corrected below for the sake of clarity. quinlash wrote:if we look at the last QTR report from HEXO, Zenabis and 48-North, add those numbers up and multiple it by 4 we can get a starting point for what the annual sales numbers will start coming in once the new acquistions are rolled up under the HEXO banner | HEXO | Zenabis | 48-North | Totals | Extended for 1 Year |
| $45,678,000 | $24,812,000 | $7,607,000 | $78,097,000 | $312,388,000 |
| $41,300,000 | $28,490,000 | $6,713,000 | $76,503,000 | |
| $36,100,000 | $30,280,000 | $10,472,000 | $76,852,000 | |
| $30,900,000 | $22,361,000 | $2,806,000 | $56,067,000 | |
At a QTR over QTR average rate of growth of 8% HEXO will require no more than 3 additional QTRs to come in over the 400 million dollars in sales annually. If the growth rate goes up due to the company expanding into new markets, the rolling out of new products or HEXO pulls in another smaller company, then the target of $400 becomes reality in less time.