Comment by
Adventurous on Feb 19, 2024 4:00pm
"At a $13M market cap trading at less than 3X revenues" - We now have a slightly higher market cap and are about to hear about a further increase in revenue level. One into the other means a normal valuation would be somewhere over 30 cents a share imo, according to this independent valuation.
Comment by
cronic1980 on Feb 19, 2024 6:09pm
I think the key thing here is growth to get the price up. Can we get to 20m + revenue and more...
Comment by
Gotime2 on Feb 20, 2024 10:53am
I think they could reach close to 20 million in sales this fiscal year. The final quarter of last year was 3.3 million, when sales numbers come out for the first quarter next week we will have a better idea. But sales are growing quarter over quarter and I expect at least $4 million in revenue from Q1.
Comment by
cronic1980 on Feb 20, 2024 1:26pm
Is first qtr of fiscal year Oct-Dec? Sorry I'm Australian so not sure how you guys operate.
Comment by
shneps on Feb 20, 2024 2:56pm
Nextleaf's year end is Sept.30th and yes first quarter is Oct.- Dec. 31st It has always been awkward having our first quarter ending Dec 31st. Just making sure people pay attention. Lol. Cheers
Comment by
cronic1980 on Feb 20, 2024 10:41pm
Ok nice, so Oct -Dec due in next 10 days. If circa $4m hard not to see this going into the 20c-30c range.
Comment by
Gotime2 on Feb 21, 2024 11:19am
I believe we would see it go to $.20, but $.30 would be a shocker, that would be a $50 million valuation slow and steady quarter by quarter would see us get to $.40 by the end of the year, unless they start assigning a value to the patents and continued sales growth
Comment by
Dude51 on Feb 20, 2024 1:10pm
Wow, can't get much better than that. Thanks for posting it. GL