Post by
Stickman on Feb 28, 2020 2:01pm
Q3 today after close
Earnings will be posted today after close as confirmed by RTI.
Comment by
lscfa on Feb 28, 2020 2:49pm
You mean losses will be posted after mkt close.....
Comment by
Stickman on Feb 28, 2020 3:43pm
RTI from 1.3 mill to 10 plus then 12-14 without shoppers. Then what. Catalysts all year long.
Comment by
Chef999 on Feb 28, 2020 5:31pm
LOL!!! What now genious??!!??
Comment by
Oilspecs on Feb 28, 2020 5:45pm
I thought they would be terrible also, but shockingly: Key Financial Highlights - Fiscal Q3 2020: Revenues of $11,205,961, an increase of 805% over fiscal Q2 2020. Gross profit of $1.48 million, an increase of 966% over fiscal Q2 2020. Significant inventory of dried cannabis: $17.4 million as at December 31, 2019, for future production.
Comment by
Shazam57 on Feb 28, 2020 5:50pm
This post has been removed in accordance with Community Policy
Comment by
hayman2000 on Feb 28, 2020 6:27pm
So sales higher than 11M, Gross profit of 1.48M. I say a good start. With all of the upgrades with significant higher volumes, hopefully better margins, should look good.
Comment by
hayman2000 on Feb 28, 2020 6:28pm
Should have added the link. https://www.radientinc.com/application/files/8715/8292/8832/RTI_Q3_2020_FINAL.pdf
Comment by
hayman2000 on Feb 28, 2020 6:40pm
Should read this as well. https://www.radientinc.com/application/files/2015/8292/9797/2020_Q3_MDA_December_31_2019.pdf and the actual financial statements. https://www.radientinc.com/application/files/5715/8292/9372/2020_Q3_Financial_Statements_December_31_2019.pdf