TSXV:GDNP.H - Post by User
Comment by
dileas48son Nov 30, 2021 1:32pm
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Post# 34181114
RE:Should Paul Re-Evaluate His Strategy Regarding Earnings?
RE:Should Paul Re-Evaluate His Strategy Regarding Earnings? Absolutely not. I don't care what the market thinks. The market can be very shortsighted.
They are more than doubling revenue year over year - exceeding their own expectations. They need to continue to attract more and more customers. They need to continue to cross-sell, they need to continue to expand their product offering, and they need to continue to provide solid customer service to ensure that they keep their customer churn to as little as possible.
There are plenty of examples of growth companies that started out with little to no profits, and even small losses while they forged ahead with building their customer base and product / service offering.
I am a firm believer in the path that Paul has laid out for GDNP. I don't care about profits right now, so long as he continues to deliver on top line revenue growth and keeps the gross margin between the boundaries that have been set forth.
The market is tanking everywhere today - it's just the way it is.
jermoguy wrote: Honest question - it seems to me that with every quarter Good Natured has done amazing with revenue and sales but continues to incur increasing net losses. I know Paul has said before earnings are not his key concern, but it seems to me that the market doesn't agree with him. Seems like showing a path to profitability would be a worthy target going forward. Thoughts?