Post by
deepoil0808 on Mar 04, 2023 11:05am
Year 2024 will show PROFITS going forward....
Per Beacon Securities:
(a) For year 2024, INEO will show a bottom line PROFIT from operations
(b) In 2023 Sales will grow + 400% from year 2022
(c) In 2024 Sales will grown + 250% from year 2023
(d) In 2023 Canadian Tire to sign with INEO, 500 stores in Canada, $ 6 million recurring annual rev.
(e) In 2023 pilot program with retailers for 8,000 locations
(f) In 2023 pipleline of recurring annual income of $ 40 million once contracts are signed
Bullish year 2023 and ROBUST year 2024.
Hint: In January / Februar 2023 INEO installed more in units that in all of year 2022 (one year)
In March 2023 their distributor is projected to have its best month in installations
Amount of montly installations is set to follow trend set in January / February 2023
Beacon has target of 80 cents per share for year 2023, that is almost 727% return from 11 cents.
Good Luck,