Every $1.00 of revenue SSH generates is costing around $1.70....

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Kmtw

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01/09/22

13:26

Post #: 63461490
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Originally posted by surfthemarket: ↑

Up to this point, William Lay and his new team have done exactly what they said they would do since coming on board. This Report makes it unambiguously clear.

The incoming$$$ and outgoing$$$ are moving closer together with each accounting period and the two numbers are now within a realistic striking distance of each other. A few more Quarters will see revenue overtake expenses if management maintains this current trajectory.

I predict, for the second half of 2022, that ;
- Mernova will have revenue of (around) A$3 Million
- CBD sales will be (around) A$2 Million .......... possibly more
- SSH at (around) A$2.5 MIllion
- ImpActive, in it's initial launch, (around) A$500K
That's puts the total earnings - in millions - for CY2022 into the double figures.

The company has also presented it's finances in much more detail with the new team in charge - warts and all !

Highlighting the geographical spread of earnings makes it easier to break down where the strengths & weaknesses of sales lie - and, it can be deducted, with which products.. They have even included the Columbian division with an honest appraisal of where it stands.

And, most interesting, is the breakdown of payments to Blumenthal - and the annoying Admin. & Corporate Expenses.

Both are tracking nicely. In fact, it looks to me that Blumenthal has had his wings clipped with a 5-fold decline in payments to him and Everblu. Management would definitely be aware of the sentiment around both. And Admin & Corporate down over 60% from the pcp

These are interesting times for CPH .......... finally ! It feels like it's all or nothing now to put the preceding years behind them.

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Every $1.00 of revenue SSH generates is costing around $1.70. There is zero evidence of revenue growth, but inflation would impact the costs enormously.

Then we have HHI. $10m in short-term liabilities, and it appears they haven't been paying suppliers for most of the last year, with "Trade and Other Payables" surging by 325% over the last year and now sitting at a massive $5.22m. This is an insane amount considering the revenue HHI generated.

The only people who will benefit here are those looking to profit from a capital raise.

Did someone say "Growth Capital"?

CPH Price at posting: 3.9¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

1 Great analysis

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