GREY:DLTNF - Post by User
Comment by
StonksOnlyGoUpon May 17, 2022 4:11am
130 Views
Post# 34688311
RE:RE:RE:D9 Financial Call today
RE:RE:RE:D9 Financial Call todayFor revenues will increase with Uncle Sam's,perhaps just not to the target we're all hoping for in the short term. Also could delay profitabilty depeding on the cost to run vs revenue. I definitely agree though that within a year we'll likely be there.
golfyeti wrote: Revenue will certainly rebound in the next quarter because it will include for the first time revenues from the Uncle Sam stores (and additional DN stores). None of the revenues from that acquisition has been included in financials yet. After some thought, perhaps not by end of this Q4, but certainly within four quarters I forecast $24- $25 M in quarterly revenues, ie $100M/yr revenue run rate. Who knows what to expect from the provincial distribution licence in terms of revenues. No quantification of that was given during the Q&A. Yeah, I think it is conservative to spreculate that we are within four quarters of a $25M+ revenue quarter.
And THAT kind of performance ladies and gentlemen, is how you grow business into an empire.
GLTA longs