very simple - sales revenues
what seperates companies at the moment in MC / Hemp / CBD space is talking versus delivering revenues and EXL has delivered revenues
Their international comparison companies (charloettes web and CV Science ) have markets caps multiples well higher than their compaitive sales figures - so EXL caught up
Here is my numbers, I focus on revenues not income as this is a land grab market at the moment so brand building, advertising spend and revenue growth are the key factors to success in my opinion
THESE NUMBERS ARE MAYBE A few weeks out of date but the picture is clear:
| ASX Code | Company | Mkt Cap | Ratio (mkt cap / revenue) | 03/2019 | Quarterly Revenue from 4C 12/2018 | 09/2018 |
---|
1 | AGH | ALTHEA | 23.4 | 28.5 |
| $82 | $28 |
---|
2 | BDA | BOD AUSTRALIA | 45.0 | 5.9 |
| $766 | $141 |
---|
3 | ZLD | ZELDA THERAPEUTICS | 41.0 |
|
| $0 | $0 |
---|
4 | MXC | MGC PHARMA | 49.0 | 6.6 |
| $744 | $135 |
---|
5 | CPH | CRESO PHARMA | 55.0 | 25.1 |
| $219 | $170 |
---|
6 | MDC | MEDLAB CLINICAL | 87.0 | 6.9 |
| $1,269 | $1,222 |
---|
7 | AC8 | AUSCANN | 188.0 |
|
| $0 | $0 |
---|
8 | CAN | CANN GROUP | 297.0 |
|
| $1 | $2 |
---|
9 | EXL | ELIXINOL | 445.0 | 3.9 |
| $11,334 | $9,831 |
---|
10 |
|
|
|
|
| $14,415 | $11,529 |
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