Key Points - 2022 Outlook - PR'ed February 24, 202
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Posted On: 02/26/2022 3:08:48 PM
Key Points - 2022 Outlook - PR'ed February 24, 2022
- Provided update on performance as well as qualitative and quantitative guidance for the Company’s outlook ahead.
- Key tailwinds driving $SFLM's jewelry business have factored into accelerating growth in 2022 as predicted by the CEO at end-2021.
- 2022 Q1 performance is on pace for double-digit organic growth - this helps lay a sturdy foundation as $SFLM expands into new domains - including non-fungible tokens and the Metaverse.
- The 3 x previous weeks to February 17 saw sales of $305K, $202K, and $252K.
- The February 24 auction was expected to take sales over $1M in just one 4-week period [and it did - with sales of $319K].
- $SFLM was now on pace for $12.5M in jewelry sales in 2022 - or 16-20% growth over the performance in 2021.
- This $12.5M figure did not include any boost $SFLM may see after becoming fully established as the first-mover in the Metaverse marketplace for high-end vintage digital jewelry items for avatar use.
- $SFLM is now very close to finalizing its purchase of real estate in Decentraland.
- The CEO looked forward to disclosing full details once that purchase was finalized in the coming days.
- Provided update on performance as well as qualitative and quantitative guidance for the Company’s outlook ahead.
- Key tailwinds driving $SFLM's jewelry business have factored into accelerating growth in 2022 as predicted by the CEO at end-2021.
- 2022 Q1 performance is on pace for double-digit organic growth - this helps lay a sturdy foundation as $SFLM expands into new domains - including non-fungible tokens and the Metaverse.
- The 3 x previous weeks to February 17 saw sales of $305K, $202K, and $252K.
- The February 24 auction was expected to take sales over $1M in just one 4-week period [and it did - with sales of $319K].
- $SFLM was now on pace for $12.5M in jewelry sales in 2022 - or 16-20% growth over the performance in 2021.
- This $12.5M figure did not include any boost $SFLM may see after becoming fully established as the first-mover in the Metaverse marketplace for high-end vintage digital jewelry items for avatar use.
- $SFLM is now very close to finalizing its purchase of real estate in Decentraland.
- The CEO looked forward to disclosing full details once that purchase was finalized in the coming days.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.