Can't wait for guidance on 3rd Q. Only 3 weeks left in the quarter.
My prediction...Revenues come in at $18.5 M. Just under 6% up from last Q's $17.5 M. We'll be over $20 M per Q runrate by xmas...$80 Million annual run rate ain't chump change. And I am counting zero revenues from their provincial distribution/cross-docking subsidiary and nothing for any pod sales. Sales from either of those should help us get over the $100 Million annual run rate with a year.
It would be nice to see some real (non-adjusted) EBITDA, real profits, but I 'get it' that they are in market share capture mode. Some real EBITDA though would get some attention in the industry and maybe our stock price will get out of the dog house, get it above a dollar, so only then we can use it as currency at a more reasonable valuation, similar to what is used for what we are buying. We have to stop using our shares as currency valued at only .25 sales to buy less diversified operations at .5 to .7 times sales.
If they can just do those two things, wring out some real profits and persue responsible growth at a reasonable price, then we'll eventually get noticed by the broader market and our share price will shoot off to the moon.