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Key Points - $SKDI / SFL Maven CEO Video. -------

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Post# of 7110
(Total Views: 382)
Posted On: 10/09/2020 10:31:06 PM
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Posted By: AJH92
Key Points - $SKDI / SFL Maven CEO Video.


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








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