RE:RE:Zacks research report for June The problem now is China ops are increasing profitability but are being masked by build out for North America where revenues will lag expenses. I would have preferred a slower entry into NA so that cash flow from China could fund the build.
| | 2021 | 2022 |
| Revenue | 103,632,774 | 210,000,000 |
| Gross margin | 13.4% | 20.0% |
| Gross profit | 13,931,414 | 42,000,000 |
| Corp costs | 11,443,883 | 35,500,000 |
| Ebitda | 2,487,531 | 6,500,000 |
jermiah777 wrote: That may be what Zacks research report says but price keeps falling. Most of us thought with the large revenues will come profits...net profits. But announcements of losing money each quarter is discouraging. They need a quarterly report where they made 5 million dollars NET Profit. That would Zolt all the critics into acknowledging this company is a winner