TTCF Earnings' Disaster
$Tattooed Chef (TTCF.US)$ With reference to the latest earnings, how did this company increased their revenue from $148,498 to $213,430 but their gross profit only grew from $21,680 to $22,112. Horrible gross margins! Don't get me started on their operating margins because they essentially doubled their operating expenses from $31,633 to $59,109 but their sales clearly did not doubled as can be seen above.
If this isn't a reason to leave the stock, I don't know what will?
Any TTCF bulls who sees a light pass the tunnel, please enlighten me. Thank you so much!
If this isn't a reason to leave the stock, I don't know what will?
Any TTCF bulls who sees a light pass the tunnel, please enlighten me. Thank you so much!
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Denali : they paid a large amount of money for aquisitions. Also the container shipping cost was record high due to pandemic.