Get in while you can... Not a bad quarter....heading in the right direction....stock looks very cheap down here....."While we continue to grow, we recognize that we still have more work to do, and will continue to take actions to strengthen our core business," said ParcelPal’s CEO Rich Wheeless. “I believe we are poised for an amazing second half of the year to finish 2022 as our strongest year yet, despite certain headwinds that we and many companies face in a volatile market.”
Q2 2022 Financial Highlights:
June 30, 2022 compared to June 30, 2021 - Financial Highlights:
Record revenue in Q2 2022 and growth of 90% to $2,505,663 (up from $1,321,554 in Q2 2021). This represents the Company’s third largest revenue quarter since inception (Q4 2021 of $3.2M was the largest revenue quarter ever).
Record margins in Q2 2022 of 23.4% (up from 12.7% in Q2 2021).