TSXV:RHT.H - Post by User
Post by
Canadian_101on Jul 21, 2021 8:03am
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Post# 33580328
Who Is In The Betting Mood Today?
Who Is In The Betting Mood Today?Step right up, come on folks, step up and place your bets...LOL, who says RHT achieved profitabiltiy at the end of June and who says it did not? ( winner will get notable mention in another post)
2. Outlook for Q4 FY2021 and Remainder of Calendar Year 2021
The Company remains on track to achieve profitability in Q4 FY2021 (quarter ending June 30, 2021). Sales are expected to increase month over month every month throughout the remainder of Calendar Year 2021. Growth is expected to accelerate significantly in the latter half of Calendar 2021 thanks to the successful COVID-19 vaccine rollout in the US and the corresponding elimination of COVID-associated obstacles to onboarding. The Company expects to generate $11M in revenue in calendar year 2021, ending the year at a run rate of approximately $2M/month ($24M annually), with gross margins of over 75% and EBITDA margins of over 45% by December 31, 2021.