Fins Thursday AM Finally we can confirm what kind of year Auxly had in 2021.
https://www.auxly.com/?post_type=post&p=1361
We pretty much know what's coming.
'Right, then!
Don't expect any earth shattering surprises. It's not exactly a surprise if you expect it though, is it.?
General projections on NET REVs are in the neighborhood of C$30mil Q4 and about C$85 FY.
FY-GROSS Revs over C$100mil are pretty much a lock. A big milestone here.
Expect Q4 EBITDA to remain negative and about the same as Q3 at around the negative C$7mil mark with significant improvements expected in Q1 & Q2-2022. Auxly is on track to turn profitable in Q2 or Q3.
Equity adjustments can be expected with significant changes to assets and liabilities reflecting the 100% control purchase of Sunens, in this report. Cash on hand could be under C$20mil.(tight but enough to carry through to profitability..?)
Subsequent events should speak to key events. The automation of Kolab Project as well as, the shut down and planned sale of Robinsons are pivotal cost reduction measures moving forward.
Forward looking discussions of entry into Quebec should be addressed as well as long term international intentions.
Execution is critically important at this juncture. Auxly has been compared to the Toronto Maple Leafs by many. Now, we see how true that is.
Can Auxly perform under pressure.??
Auxly's trading pattern is different this time around. It's trading at a mere .65 BV and and an RSI over 50. The entire mj sector is under heavy suppression but Auxly is especially undervalued with an MC not just, less than its assets alone but actually below projected Net Revs for 2022 and half what's projected for 2023.
No run up prior to Fins would be a good thing IMHO. I'd rather see it run on positive news.
Is it time for Auxly to cast off the albatross?
Wind up the organ. Let the puck drop!
GAME ON !!
cheers