FARMHOUSE, INC. /NV (FMHS) Jul 2024 Earnings Report

Farmhouse Inc.: Investment Report

Overview

Farmhouse Inc., a leading platform for the regulated cannabis industry, has been gaining traction in recent times. With a unique business model that connects cannabis and hemp professionals, the company has the potential to capitalize on the growing demand for cannabis products. In this report, we will delve into the company's financial performance, growth prospects, and recent news to provide a comprehensive view of the investment opportunity.

Core Metrics

  • Current price: $0.123 USD
  • 52-week high: $1.5
  • 52-week low: $0.032
  • Market Cap: $2.2 million
  • P/E Ratio: N/A
  • Earnings per Share: -$0.03
  • 50-day average: $0.170724
  • 200-day average: $0.1597029
  • Analyst Recommendations: None

Financial Performance

Farmhouse Inc.'s financial performance has been volatile in recent times. With a market capitalization of just $2.2 million, the company is still in its early stages of growth. The company reported a revenue growth of 10.6%, indicating a positive trend. However, the company's EBITDA stands at -$461,010, indicating a need for improvement in profitability. The company's gross margins stand at 52.6%, which is relatively healthy.

Growth Prospects

Farmhouse Inc.'s growth prospects depend on its ability to capitalize on the growing demand for cannabis products. The company's unique platform that connects cannabis and hemp professionals has the potential to become a leading player in the industry. With the cannabis industry expected to grow significantly in the coming years, Farmhouse Inc. is well-positioned to benefit from this trend.

News and Updates

Recent news articles have been focused on the company's association with Jonathan Knight, a star of the HGTV show "Farmhouse Fixer." While this association has generated significant attention for the company, it is unclear how it will impact the company's financial performance. The company has also been featured in various news articles related to the cannabis industry, indicating growing interest in the company's business model.

Upgrades and Downgrades

There have been no recent upgrades or downgrades from analysts, likely due to the company's small market capitalization and limited analyst coverage.

Summary

In conclusion, Farmhouse Inc. is a high-risk, high-reward investment opportunity. While the company's financial performance has been volatile, its unique business model and growth prospects in the cannabis industry make it an attractive investment opportunity. However, investors should exercise caution due to the company's small market capitalization and limited analyst coverage.

Disclosures

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