ANO 1.37% 72.0¢ advance zinctek limited

Ann: Profit Update, page-11

  1. 455 Posts.
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    One further observation, I have gone back over the last four years reports and realigned the sales revenue into calendar years. Would you believe ANO had more sales revenue in calendar year 2019 then calendar years 2016, 2017 & 2018 combined.

    CY2016 = $4.057M
    CY2017 = $4.743M
    CY2018 = $8.757M
    CY2019 = $18.823M (unaudited)

    I have a feeling CY2020 will bring more sales revenue than CY2016 to CY2019 combined. It makes you wonder what the next four years are going to bring as consumers move away from synthetic chemicals for UV protection in droves! We're not even talking about the opportunities that await in dental care as that industry discovers the benefits of nano zinc oxide in toothpaste and mouth washes.

    This is not a start up company, its been operating for over 20 years. It's finest days are ahead as it grows into a global leader. Wait until they get back Alusion in April 2023. Good luck if you're trying to value it!
 
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