TSXV:JPIM.H - Post Discussion
Post by
partystocker on Sep 08, 2022 4:11pm
JPIM positioned for growth in 2023.
2023 looks to be a year of growth for Jasper Commerce (TSXV: JPIM) following the company’s pre-audited fiscal 2022 report.
The company expects to announce revenue of ~1.2 million, which is a minimum increase of 33% over fiscal 2021. On top of this, the company expects to reduce cash burn to $240K-$260K per month exiting Q1 2023.
Jasper ended F2022 with working capital of ~$2.5 million, which when combined with the projected cash burn rate, positions Jasper sufficient runway to achieve its goal of positive EBITDA in Q3 2023.
JPIM.v is currently trading at $.075, valued at $4.36 million.
https://ceo.ca/@newswire/jasper-preannounces-continued-growth-in-fiscal-2022
Be the first to comment on this post