Experion Holdings Ltd. EXPFF

WOW ANNUAL STATEMENTS

[WeedStudy]

WOW. Annual statement just published. Must say I am surprised. Way better revenue than I thought. No surprise the share comp was going to make earnings look negative. Even so earnings better than expected. The real number that matters though was cashflow from operations, which also came in  better than expected. The startup costs were quite reasonable.
If this is how they start up the operation, I can’t wait to see the statements post acquisition with $10mm more cash in the bank, and selling more product.  I am raising my expectations now for next quarter. 
And yes, this just became a takeover target.

[theshadow39]

Weed study.  Thanks for informing us the financials are available on sedar, here is a little snip, please everyone read the full version for yourself.  You are right, will be awesome to see what they can do with a little expansion and once they get out of the “start up” phase.  And they really barely had their sales license, promising start ! The production cost of sales includes

[rapid_fire_]

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[Amalfi1]

I don’t really understand all the information supplied on the financials.  But, I do understand cash flow, and I like what I see as they just started.  I’m glad I did buy more at the low price when someone was dumping for the past couple weeks.