May. 12 at 9:54 PM
$HROW If you've been a shareholder for awhile (since 2021 myself) you know just how volatile this stock is. I've become "numb" to these massive drawdowns. I am still long, but...
I do not believe they will achieve the
$250 million quarter in Q4 2027. I think it is more reasonable in 2030, and anytime before then is a bonus.
---2030 @
$1 billion---
$1B revenue * 25% Net Income =
$250M profit * 15 P/E =
$3.75B MC / 40 million shares =
$93/sh
That's a 3x from here in 4 years (30% IRR). They may also have higher net margins than 25%.
Pat Sullivan (Chief Commercial Officer) who was on the call also has his comp package tied to the
$230M in branded segment per quarter.
Source: https://investors.harrow.com/static-files/bdf5e5d6-0728-4a1d-9302-e70bc9dfeb14
Mark and Andrew have PSUs if the stock reaches
$100.
These guys do not want to fail. They have consistently pivoted and changed course to success over the past 5 years I've been following these guys (anyone remember Visionology and MAQ-100?).
But they need to figure out the pricing strategy for Vevye.
