experion looks insanely good. they are pretty much at profitability if you minus sales and marketing costs. only $32 million market cap. balance sheet healthy. before investing i just have to see how much their revenue can grow and top out.
if this company goes insanely profitable, market cap will balloon to $100 MM just like NGW, see. for that we need more revenue, slightly more, and cost cutting. one major indicator of a to be succesfful cannabis company is if its salaries and wages is contained. that's what im noticing. all profitable/ good cannabis companies have modest salaries.
EXPFF cannot manage its costs. what i find for pre profit cannabis companies is that maintaining costs low (SG&A and salaries) is an omen for profitablity to come, with increased revenue, otherwise costs and revenue increase together and there is no profit. we will see, only quarters to come will tell.
check out next green wave holdings. i checked experion holdings.
ReplyDeletenote: i am long NGW next green wave holdings
ReplyDeleteright. but it's really good. i mainly invest in canadian microcaps. asx is also good but my broker doesnt allow.
ReplyDeleteexperion looks insanely good. they are pretty much at profitability if you minus sales and marketing costs. only $32 million market cap. balance sheet healthy. before investing i just have to see how much their revenue can grow and top out.
ReplyDeleteare you long? is there any info you can give?
if this company goes insanely profitable, market cap will balloon to $100 MM just like NGW, see.
ReplyDeletefor that we need more revenue, slightly more, and cost cutting.
one major indicator of a to be succesfful cannabis company is if its salaries and wages is contained. that's what im noticing. all profitable/ good cannabis companies have modest salaries.
it does have it what are you talking about. NXGWF next green wave holdings. i thought so, i remember seeing it.
ReplyDeleteEXPFF cannot manage its costs. what i find for pre profit cannabis companies is that maintaining costs low (SG&A and salaries) is an omen for profitablity to come, with increased revenue, otherwise costs and revenue increase together and there is no profit. we will see, only quarters to come will tell.
ReplyDelete