$JK growth this past year Ghost kitchen operator JustKitchen has delivered impressive annual financials, showing solid growth over the past year:
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Sales volume for the company grew to 269,721 retail consumer food orders in the fourth quarter, marking a 26% increase.
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Food and beverage sales for $JK grew to $4,443,746 for the three-month period ending September 30, 2021, compared to $1,121,121 for the same three-month period the year prior.
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$JK.V also increased its number of ghost kitchens to 20 with an average retail delivery size of $15.67 per order in Q4 2021. Compared to 17 kitchens with an average retail delivery size of $14.77 the previous quarter, this is quite an impressive metric.
Since this earnings report, shares of $JK have begun to see an uptick, rising 7.28% from recent all-time lows. $JK appears to have done nothing except secure solid expansion and partnership agreements in the past couple of quarters, which has me excited to see what the company has in store for this year.
Shares of $JK are currently trading at $1.02 and the company is valued at an MCAP of $76.65 million.
https://ceo.ca/@newswire/justkitchen-reports-annual-2021-financial-results