Absolutely. November was $1.7m in sales, up from $1.5m in October. So these guys are approaching Revenue of $25m per annum annualised..
That's without the new website, China network, branded products or new store openings.
Margins are improving also.
Health Essence: Sales of $50,271 with gross profit margin of 57.8% for November 2017. The entire FY17 Health Essence sales were $191,347. This means that their growing store network is exposing their newly acquired business to both higher margins and higher revenue.
I reckon this is worth $500m+ in 18 months once they roll out the stores and make $10m+ net profit.
AU8 Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held