Toughbuilt Industries, Inc. (TBLT) Social Stream
Featured Post From StockTwits About TBLT
$TBLTEnsame, published August 15, 2021
2021 Q1: $12m (Q1 2020 was $4m) +200%
2021 Q2: Estimated $13m (Q2 2020 was $7m) +85%
2020-Q3 was 17
2020-Q4 was 12
My conservative growth targets for Q3 is 25% and +50% for Q4 meaning $21m and $18m respectively
12+13+21+ 18 = $64m versus $39m last year (+64% Y/Y) That’s going to make them finally profitable end of 2021.
64 x 2,5 sales = 160market cap.
Price target for me ~$1,25 end of 2021.
Assuming by end of 2021 they will have mostly burned those $40m in cash they got by DO.
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