As I post a couple of weeks ago, BMO market Capital make a forecast of 208M$ of revenues for FAF for the year ended january 31 2022.
Here is some calculation base on :
1) FORECAST - same diffential of Q1 2021 == 27,3M$ increase compare to Q1 2020.
BTW Q1 is normally the worst quarter in revenues !
Total revenues estimated === 210,8M$ 2) FORECAST - same increase % of Q1 vs Q4, which is roughly 133% increase !
Total revenues estimated === 241,8M$. 3) FORECAST - same increase % of Q1 2021 vs Q1 2020, roughly 263% increase !
Total revenues estimated === 351,7M$. | FAF Revenues - Fiscal year Ended january 30, 2021 | | |
| | | | | |
| May 2, | August 1, | October | January | TOTAL |
| 2020 | 2020 | 31, 2020 | 30, 2021 | |
| 16 788 $ | 23 122 $ | 28 593 $ | 33 119 $ | 101 622 $ |
| | | | | |
| 1) FORECAST - same diffential of Q1 | 27 296 $ | Estimated |
| Real | Estimated | Estimated | Estimated | 2021-2022 |
| May 1, | August 1, | October 31 | January 30 | |
| 2021 | 2021 | 2021 | 2021 | |
| 44 084 $ | 50 418 $ | 55 889 $ | 60 415 $ | 210 806 $ |
| | | | | |
| 2) FORECAST - same increase % of Q1 vs Q4 | 133% | Estimated |
| May 1, | August 1, | October 31 | January 30 | |
| 2021 | 2021 | 2021 | 2021 | |
| 44 084 $ | 53 899 $ | 66 653 $ | 77 203 $ | 241 839 $ |
| | | | | |
| 3) FORECAST - same increase % of Q1 2021 vs Q1 2020 | Estimated |
| | | | 263% | |
| May 1, | August 1, | October 31 | January 30 | |
| 2021 | 2021 | 2021 | 2021 | |
| 44 084 $ | 83 839 $ | 103 676 $ | 120 087 $ | 351 686 $ |
Don't forget, those numbers didnt take care of new store like Palm Spring area, or :
New acquisition down the road, like Sarnia, Orangeville and many others
How about US acquisition with Mountain Acres !!!
Please let me know your thinking about the future of FAF !
Remembe, please do your DD, it's your money !