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Bullboard - Stock Discussion Forum
Affinor Growers Inc
C.AFI
Alternate Symbol(s):
RSSFF
Industrials
Affinor Growers Inc. is a Canada-based vertical farming technology and greenhouse operations company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including proprietary greenhouse, growing towers, automation and cultivation processes. It is focused on developing vertical farming technologies and using those technologies to grow fruits and...
vegetables in a sustainable manner. The Company has vertically integrated growing systems that can offer automated mechanical pollination for fruiting crops and vertical solutions for the vertical farming industry. It has an expansion plan to grow strawberries, romaine lettuce, kale and spinach across Western Canada. It is growing strawberries at four levels in a 15,000 square foot leased greenhouse in Abbotsford, British Columbia. It has developed and patented its own growing towers in Canada, the United States, Colombia and Aruba.
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CSE:AFI - Post Discussion
Affinor Growers Inc
> Production and Profit
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(41)
•••
Youwakeup
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Post by
Youwakeup
on Apr 22, 2022 8:11am
Production and Profit
Here's just an approximate calculation of what the profit could be from the Nick's greenhouse. Fiest a quote from GOOGLE:
How much can you make from strawberries
The projected yield in this year is 25,600 pounds per acre, which 80 percent of the crop is sold as fresh fruit and the remaining 20 percent as Processed fruit. The price for fresh market strawberries is $1.60 per pound, whereas the processed price is $0.30 per pound. The total gross income is
$34,304 per acre
.
Nick's has 65000 sq. f. used in his greenhouse that = 1.492 acres x 34,304.00 =$51181.568 x7 seasons (in average) = $358,270.976 per year.
Capital costs estimated for a 10,000 sq ft greenhouse strawberry production.
Cost items
Capital costs
Amortized capital costs ($/ft
2
)
Plastic ground cover
$951.40
$0.04
Walk-in cooler (100 ft
2
)
$6,638.42
$0.12
Strawberry troughs
$6,645.99
$0.16
Irrigation equipment
$8,346.22
$0.31
Total costs
$22,582.03
$0.63
(98)
•••
HaulJockey
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Comment by
HaulJockey
on Apr 23, 2022 10:18am
You were doing fine right up to the part where you did math, looks like millions. You left out all operating costs as well.
Thank You
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