Tenet Fintech Group Inc. C.PKK

RE:RE:RE:Zacks research report for June

[lscfa]

Expanded table....

 

	2021	2022	2023	2024
Revenue	103,632,774	210,000,000	527,700,000	1,036,200,000
Gross margin	13.4%	20.0%	21.3%	27.1%
Gross profit	13,931,414	42,000,000	112,490,000	280,770,000
Corp costs	11,443,883	35,500,000	50,000,000	65,000,000
Ebitda	2,487,531	6,500,000	62,490,000	215,770,000
ebitda margin	2.4%	3.1%	11.8%	20.8%

 

lscfa wrote:

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