RE:CGC versus undiscovered profitable cheap Grove (GRVI)Based also on the recent guidance for FY 2022, GRVI's current Enterprise Value is only 1 times its annual revenue and only 9 times its adj. EBITDA for FY 2022, see guidance:
https://groveinc.io/grove-inc-announces-unaudited-fiscal-year-2021-results-of-operations/
stockfy wrote:
Unlike many other marijuana names such as ACB, HEXO, SNDL, CRON, insiders in undiscovered, dirt-cheap, profitable, debt-free, cash-rich Grove (GRVI) with the strong YoY growth and the pristine balance sheet own 55% (according to the latest proxy), so insiders' interests in GRVI are aligned with shareholders'.
GRVI's excellent Q1 FY 2022 was out a few days ago:
https://www.globenewswire.com/news-release/2021/11/15/2334430/0/en/Grove-Inc-Announces-First-Quarter-Financial-Results.html