Found a peptide company that did 4m in revs in 1 quarter with a 1m market cap. RMTG
i dont post much but looking at the Q2 results from RMTG is honestly mind blowing to me
They did 4.02 million in revenue for the quarter . Just one quarter. That is over 300% up from last year . But the market cap is still sitting right at 1.3 million . You can see the 10-Q they filed if you dont believe me
How is the company valuation less than what they made in like 3 months? They are growing the top line that fast and are finally profitable too. They posted 565,977 in operating income for the quarter and gross profit is at 64% . That is a huge leap from the loss they took last year. They actually have 1.3 mil in cash in the bank right now
The ISSCA training side went up 860% and the Cellgenic product side went up 421% .
They are putting out H1 revenue of 6.66 million and still trading under 10 cents . I know the debt on the balance sheet is high and valuation is always tricky but the growth is undeniable and Peptides are huge now.