Key Points - $SKDI / SFL Maven CEO Video. -------
Post# of 6625
Business:
- SFL Maven - sells fine luxury + estate items.
- In business 18 years on eBay.
- One of the leading sellers in business sector on eBay.
- $127M total sales - almost 180,000 items.
- 2018 top line revenue $11.9M.
- 2019 top line revenue $11M.
- 2020 top line revenue to date $5.6M.
- Q4 is always the best Q due to holidays.
- COVID-19 has driven increased on-line sales generally.
- eBay had 8M new users registered in 2020 Q2 - more than last 6 x Q combined.
- SFL expecting 2020 Q4 to be best ever with people wanting to buy a luxury "boost" for themselves or loved ones + holiday buying already started early.
Objectives for "New" $SKDI:
- Need to increase exposure in luxury markets as a whole.
- Revamp Corporate image.
- Build out own professional on-line retail site.
- Increase $SKDI share holder trust by delivering dependable growth month after month and Q after Q.
Expectations in 2021:
- Expect increase in revenue of 30% over that of 2020.
- Achieve through increase in inventory and economic healing overall in the economy.
- Want to deliver "fantastic shareholder value".
Watch the full video here - as PR'ed October 9, 2020:
https://vimeo.com/466211275
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.