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Posted On: 11/12/2019 6:40:00 AM
Post# of 254
The sales efforts are paying off. After logging revenues of around $200,000 in Q2 2018, quarterly revenue has taken an uphill trajectory, topping $1.0 million for the first time during the second quarter of this year.
The third quarter was even stronger, with revenue improving 61% quarter-over-quarter to $1.9 million. That was an increase of 355% from about $400,000 in Q3, 2018.
Furthermore, Yield Growth maintained its practice of growing value without taking on convertible debt, an anomaly amongst cannabis/hemp-focused companies. In fact, BOSS has zero short-term loans, no long-term loans and no commercial debt. All the while, growing total assets to $6.5 million at the end of Q3 from $2.6 million at the end of 2018.
Read More: https://investorshangout.com/post/view?id=558...z653wdUA2c
The third quarter was even stronger, with revenue improving 61% quarter-over-quarter to $1.9 million. That was an increase of 355% from about $400,000 in Q3, 2018.
Furthermore, Yield Growth maintained its practice of growing value without taking on convertible debt, an anomaly amongst cannabis/hemp-focused companies. In fact, BOSS has zero short-term loans, no long-term loans and no commercial debt. All the while, growing total assets to $6.5 million at the end of Q3 from $2.6 million at the end of 2018.
Read More: https://investorshangout.com/post/view?id=558...z653wdUA2c
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