TSXV:JK - Post Discussion
Post by
waves1 on May 31, 2022 1:35pm
$JK's financial results for fiscal quarter ending March 31!
Highlights from Just Kitchen's ($JK.v $JKHCF) financial results for the fiscal quarter ended March 31, 2022: - Total revenue increased by 127% to $5,039,338 and $9,206,021 for the three and six month periods
- Retail order volume increased by 151% to 321,914 and 139% to 587,663
- Doubled the number of ghost kitchens to 28 with average retail delivery size of $14.42 per order
- Increase in adjusted EBITDA losses and net losses as a result of overall increase in business activities
CEO of $JK, Jason Chen noted the significance of exceeding $5M in total revenue for the first time in a quarter and is excited to continue widening $JK's competitive moat as they grow beyond 30 locations in multiple countries $JK is trading down despite this news so could be a good time to get in with the dip https://ca.finance.yahoo.com/news/justkitchen-reports-financial-results-fiscal-070000386.html
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