RE:RE:RE:RE:Finallykha341 wrote: kha341 wrote: Actuals
- Revenues of $84.8 million, a 56% increase over Q2 2021; Revenues per pound sold1 of $11.69, a 44% increase over Q2 2021 mainly due to stronger vanadium prices
- Net income of $18.0 million, a 113% increase over Q2 2021; Basic earnings per share of $0.28 in Q2 2022
Our Q2 revenues per pound sold = US$11.69 which were, for a change, higher than the average benchmark price per lb of V2O5 in Europe (US$11.08).
Q2 basic earnings per share = US$0.28 (or ~C$0.36) which is higher than the analyst consensus of C$0.30.
The Q1-22 + Q2 revenue total = US$127.5M (or ~C$163M, FX US$1 = C$1.28). So we need to make ~C$125M (or ~US$98M) in revenue in Q3 + Q4 to reach the analyst annual revenue consensus of C$287.4. A total of US$98M in revenue for the rest of 2022? Very achievable, imo.
Revenue Estimate | Current Year (2022) | Next Year (2023) | | |
No. of Analysts | 5 | 4 | | |
Avg. Estimate | 287.41M | 386.62M | | |
Low Estimate | 210.63M | 342M | | |
High Estimate | 346.01M | 460.94M | | |