BUBS On Shelf - General Pics & Write Ups, page-629

I think it will grow, just how quickly to justify current stock price. bubs market cap is currently $500mil. FY 19 was $46.8m gross revenue and did not make a profit. In comparison a2 milk in 2011 had $42mil revenue and $2.8mil profit and market cap was much smaller than what bubs is currently. in 2015, a2 milk had revenue of $100mil and market cap of $300 mil. so for bubs market cap and share price to grow, their revenue will need to be at least $150mil. goat milk is very niche. their grass cow infant formula is not selling well on alibaba sites. if you think they will have the growth like a2 milk, then it justifies the 500m market cap currently. looks expensive to me. I'm offering a view, please don't attack me with insults, hc is too positive about shares and don't get burned like people who bought in at peak. dyor.