I like that this company already has revenue using treatments. The merck deal was huge to me. I wonder if there are other companies inquiring about the price for us to conduct research?
F
Any guesses as to what's happening?
T
No complaints about this:
Revenue of $1,846,132 for Fiscal Q3 2021, +43% quarter-over-quarter
Heading in for my first ketamine assisted treatment session with cedar psychiatry in about 4 hours.
Intake was exceptional. Therapist was thorough, kind, patient, and took about twice as much time with me as he needed to.
I have ptsd and some other stuff that has all but crippled my functionality over the last few years. I’m really looking forward to receiving this help.
This company is on the track for big moves. I’ll let y’all know how I feel later on tonight.
J
What is going on?
T
If Novamind consistently shows increases in revenue with existing clinics and is fast and efficient with clinic expansion, I can easily see 10 million in revenue by March 2022. And if they show that the business model can scale across North America, Europe, and other global regions (by exhibiting that they can hire individuals who can implement proper psychotherapy), then I can conservatively estimate a 100m market cap at 10x PE or if you price in potential future earnings then upwards of a 1 billion dollar market cap is reasonable. This means a conservative 2x gain and more speculatively a 20x gain over existing prices.
J
it wont be quite now WSR INVESTORS are here!!!
Y
Volume so low for such a good story. Like this company. Seems management is holding off on PR for some reason.
Revenue of $1,846,132 for Fiscal Q3 2021, +43% quarter-over-quarter
https://www.digitaljournal.com/pr/novamind-reports-fiscal-q3-financial-results-and-operating-highlights
https://ca.finance.yahoo.com/news/novamind-doubles-size-adds-four-120000147.html
Intake was exceptional. Therapist was thorough, kind, patient, and took about twice as much time with me as he needed to.
I have ptsd and some other stuff that has all but crippled my functionality over the last few years. I’m really looking forward to receiving this help.
This company is on the track for big moves. I’ll let y’all know how I feel later on tonight.