RE:Organic Garage Reports 33% Increase in Q4 Sales Excellent results. Revenue and ebitda came in a bit higher than I expected. These guys have shown to be able to reduce their costs year after year and it's only going to continue for next year. What I like is that they have the flexibility to increase/decrease prices with their decentralized distribution model in place. They will continue to capture market share as they have the liberty to expand almost anywhere they please now. With 1 million in annual cost savings, they can achieve $3 million in ebitda even excluding the right of use depreciation numbers.
Good value and the right time to be buying IMO.