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Bullboard - Stock Discussion Forum Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile... see more

TSXV:JK - Post Discussion

Just Kitchen Holdings Corp > $JK Q1 2022 financials
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Post by StockHawk1 on Mar 14, 2022 6:05pm

$JK Q1 2022 financials

I've been following Just Kitchen Holdings Corp. ($JK.v $JKHCF) for a while now and I was very happy a couple of weeks ago when it released its Q1 2022 financial resulrts.  


If you haven't heard of $JK before it is a ghost kitchen company that currently operates in  Taiwan and Hong Kong with plans to expand to other Asian countries.


Some of their Q122 financial highlights included: 

- Food and beverage sales of $4.16M (an increase of 118% from Q4 2021)

- Sales volume grew by 126% to 265k retail customer food orders compared to the same quarter last year

- The number of ghost kitchens over doubled from the same quarter last year going from 10 kitchens to 21


Definitely worth the read if you're invested or just interested in $JK: https://ca.finance.yahoo.com/news/justkitchen-reports-financial-results-first-080000559.html

 
Comment by GoodMonkey on Mar 14, 2022 11:14pm
insiders haven't bought any shares yet on the public market and... you forgot you include this part:  Net loss was $3,571,603 for the three-month period ended December 31, 2021, as compared to $2,429,802 for the same period of the prior year, due to the same primary reasons listed above.  
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