New hear but will be hanging around after doing some research in respect to peer evaluation compared to MCL.
Our rev growth on pcp +340% and so is MoM from $5m to $10m
We’ve also slashed our burn from $6m loss in Q2 down to $1m in Q3 after our acquisitions and funding of various distilleries.
If we keep this growth rate up and cash burn down i can’t see why we won’t be getting a nice surprise and an early entry into profit ahead of schedule.
Whisky has also become a prime focus of the business as whisky is the number 1 sold spirit and attracts the highest margins
The focus shows in the results too with Spirits now accounting for 35% of all sales up from 25% prior Q.
Now if the company is growing rapidly and it’s due to whisky it’s Cleary pointing towards the entire company now arrracting higher margins hence the lower cash burn.
When we compare to peers we also have plenty of room to move
MCL revenue = $40 Market Cap $45m
TSI revenue = $20m Market Cap $82m
GDA revenue = $56 Market Cap $130m
DW8 revenue = $3m Market Cap $185m
LRK revenue = $16m Market Cap $190m
These comparisons paint a compelling picture for MCL and really does smell potential here of above $100m Market Cap near term
We also have the chairman of one of the biggest gainers and most successful companies over the last 3 years PPK
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