RE:RE:RE:my guessStinzo wrote: expect and hope are quiet similar ... based on the last 5+ yearss, expect and hope is even too optimistic
CZO's revenue grew from $11.592 million in 2018 to $18.839 million in 2022. That's a 62.5% increase in revenue in five years.
As for the word "hope" being the same as "expect". I disagree. Furthermore, he didn't just use the word "expect". As noted he said our business "remains solid" and we "expect". It is backed up by record inventory. It is a short term expectation as the word "shortly" was used. He further said sales were lagging last year's first half by one quarter. During the AGM, with the quarter ocmpleted, he called the first half as having a "little bit of a glitch" and said it was a matter of "timing".
Again, all that said trailing 12 month revenue is $12.67 million and average quarterly revenue over the last six quarters is only $16.226 million. He better see more than I can because revenue has a long way to go to get to last fiscal year's $18.8 million.