Added to YB: 2024-09-30
Pitch date: 2024-09-28
HASH.V [bullish]
Simply Solventless Concentrates Ltd.
-80.95%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
Company Info
Simply Solventless Concentrates Ltd. cultivates, processes, formulates, manufactures, and sells a portfolio of terpene-rich solventless concentrates for the recreational, medical, and business to business cannabis markets in Canada.
Market Cap
CAD 16.2M
Pitch Price
CAD 0.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.77
P/E
1.96
EV/Sales
0.92
Sector
Pharmaceuticals
Category
growth
Q4 / Early 2025 Wolf Pick - Simply Solventless Concentrates
HASH.V: Aggressive growth co. targeting $55M run rate & 19% net income by 2025. Q2 rev from $0 to $10M. Strong margins (30-40%) & low SG&A (15-20%). Recent acquisition at 3.2x net income. Concerns: high inventory, dilution. Trading at 5x fwd earnings, 1x rev. Bullish on growth prospects.
Read full article (3 min)