Post by
TheJerBear on Dec 08, 2020 7:55pm
2021 Outlook: ~6-8mn of EBITDA
Neil, CEO, provided some soft guidance during the investor presentation on Tuesday for 2021. Soft guided to ~6-8mn of EBITDA for next year. This imply no growth in edible market and a 4mn run rate which is the current run rate. Indiva increased their market share to 36% in November of the edible market. Very impressive!
Anyone else attended the presentation?
Comment by
caretired1 on Dec 08, 2020 8:02pm
Yep. Great story and good questions answered. What multiple do u put on 6mm of ebitda in a growth cannabis company. 10? 12?
Comment by
TheJerBear on Dec 08, 2020 8:06pm
yes conservatively 10x 2021 EBITDA... stock price should be 3-4x higher with those numbers.
Comment by
Johndough893 on Dec 08, 2020 11:35pm
Only question I had on the presentation, what type of offer would the board consider selling. Neil just touch on it for a second. Maybe I need to listen to the link again
Comment by
CanadianBoatGuy on Dec 09, 2020 7:18am
My favourite part was the October sales surpassed all of Q1. Let me write that again October is the same SURPASSED ALL OF Q1!!!! So that leaves most of November to cover remaining costs and all of December being pure profit! Thats my understanding at least
Comment by
TheJerBear on Dec 09, 2020 7:45am
And November should be even higher than October with market share increasing to 36%, growth in the edible market in general, additional skus, and more stores.
Comment by
CanadianBoatGuy on Dec 09, 2020 8:54am
We should be trading at at least 66 cents right now.
Comment by
Johndough893 on Dec 09, 2020 11:01am
https://app.livestorm.co/lock-consulting-corp/indiva-investor-presentation/live?s=0475504b-38b5-444d-9f1d-b71141e070c9#/chat