TSX:HEXO.W.A - Post by User
Comment by
quinlashon May 22, 2021 2:23pm
93 Views
Post# 33254292
RE:RE:RE:Will Sebastiens 400 M sales come true??
RE:RE:RE:Will Sebastiens 400 M sales come true??Below is how HEXO will achieve the 400 Million in annual sales. The new markets HEXO has publically disclosed that they are targetting include; Germany, Poland and the lesser known country of the United States of America.. rumored to be the largest Cannabis Market on the planet.
Q
(aka Freddie Mercury)
quinlash wrote: 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.
All the best
Q
quebec4ever wrote: He was just too early at the party in 2019.......but it seems as if we re going to hit it with our recent acquisitions:) This guy is a true visionary .......and the courage to pursue it ! Congrats to you and the whole team !