Post by
jermiah777 on Jun 10, 2022 10:01pm
FANTASTIC FINANCIAL REPORT
58 Million in Revenue despite covid restrictions and supply chain issues. 1.5 Million in NET Earnings------------'-------------------------- But the best part is we are almost 6 1/2 mo ths into fiscal year 2022 . They know approximately what all 3 companies have made this far into 2022. So now projecting what the rest of the year brings in is quite accurate. . And they are reiterating 90 -110 million in revenue with better margins. That is fantastic news. Absolutely wonderful. If they make 110 million revenue, that is a 90% increase over previous year. And if margins are better the Net earnings could make 10 million. Then what happens for 2023? If they increase by 90% again we are now at over 200 million in revenue! This would make our company worth drastically more . Share price would go to three dollars for sure.
Comment by
InvestingIvan on Jun 11, 2022 8:39am
Nice surprise, excellent financials. I wish I bought a lot more shares. Will try to buy as much as I can Monday morning.