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06/12/15
12:39
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Originally posted by Jezzy
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Geez, the nonsense that we see here sometimes....
Retail sales figures for the month of October (between the quarterly and the AGM presentation preparation anyway) were 4.8m AUD or 3.45m USD
Compare that single month sales to ALL of the combined retail sales from inception of the co. till Sept '15, of just 12.2m AUD
Then go back and look at the graphs of sales over time.
You will appreciate the ridiculously overwhelmingly exponential sales and revenue growth of this company. Far outstripping my expectations. At this rate I reckon we are cash flow positive (estimate from earlier HC discussions was 12 mil units pa and we did around 1.25mil in Oct alone). Thats before repeat customers and the effect of further rollouts are felt such as 7-11 1500 stores and Kroger). Hopefully these will develop into full rollouts nationally (it appears from the AGM ann that 7-11 is a national rollout, but no dedicated ann of that yet mind you).
looking great IMO.
The market will eventually realise the sales rates are astounding although it might take the next quarterly to put it before their eyes in black and white...
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Exactly. We almost matched the September quarter numbers in one month October.
I expect record revenue every quarter for the foreseeable future, at least the next 3 years. Companies that can do this command a very strong share price and P.E ratio.