LGP 7.69% 12.0¢ little green pharma ltd

ECS revenue is growing quarter on quarter, and they are about to...

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    ECS revenue is growing quarter on quarter, and they are about to harvest 4000kg this month with offtakes in place for all the product, so next quarterly may even see them cash flow positive.

    Really need to look at net cash to get a real picture, as can have revenue of 10 million (which sounds good just looking at rev which is what some companies try to do) , but if its costing you 15 million to get this 10 mill revenue your losing 5 million (perfect examples of this are trash like CPH and MXC with great revenue, but are losing more than all the cannabis companies to get this)

    LGP are actually running at quite a big quarterly loss, although trending in the right direction, a 2.5 million loss last quarter, but that improvement on the $5 million loss the quarter before. Next quarterly willl show a lot for LGP, they might even get cashflow positive, lets see.

    But if you want to compare last quarterlies of ECS and LGP, you have ECS getting 1.49 million with a loss of 607k (40% loss per $1 rev). LGP 4.8 million with loss of 2.5 million (52% loss for $1 rev).

    Both companies are trending in the right direction though and ahead of the others, I just personally think a lot of upside with ECS given low market cap, and also doing outdoor grow, costs are fractions of indoor grows.
    Last edited by amb005: 18/02/22
 
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