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Just Kitchen Holdings Corp V.JK

Consumer Cyclical Technology Restaurants
Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company’s other business, JustMarket, is an ecommerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen. The Company has developed its own signature menu items under various brands, including Hot Ones, Just Chicken, Boba Mania, go Leane and Bodyfit. The Company's subsidiary is JustKitchen Co. Ltd.


TSXV:JK - Post by User

Just Kitchen Holdings Corp
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Post by waves1on May 31, 2022 1:35pm
160 Views
Post# 34720597

$JK's financial results for fiscal quarter ending March 31!

$JK's financial results for fiscal quarter ending March 31!Highlights from Just Kitchen's ($JK.v $JKHCF) financial results for the fiscal quarter ended March 31, 2022:
  • Total revenue increased by 127% to $5,039,338 and $9,206,021 for the three and six month periods
  • Retail order volume increased by 151% to 321,914 and 139% to 587,663
  • Doubled the number of ghost kitchens to 28 with average retail delivery size of $14.42 per order
  • Increase in adjusted EBITDA losses and net losses as a result of overall increase in business activities

CEO of $JK, Jason Chen noted the significance of exceeding $5M in total revenue for the first time in a quarter and is excited to continue widening $JK's competitive moat as they grow beyond 30 locations in multiple countries

$JK is trading down despite this news so could be a good time to get in with the dip
https://ca.finance.yahoo.com/news/justkitchen-reports-financial-results-fiscal-070000386.html
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