This summary was created by AI, based on 1 opinions in the last 12 months.
Happy Belly Food Group (HBFG-CSE) is currently experiencing significant growth, with nearly 500 franchises in development set to roll out over the next 3-5 years. The company reports quarterly revenues of approximately $2-2.5 million, with expectations to ramp up to around $4 million next year. The CEO is highly regarded for his entrepreneurial instincts, particularly for identifying promising concepts early and scaling them effectively. However, while the company has performed impressively, the current valuation is viewed as high, leading some experts to suggest that investors may need to be patient as the valuation adjusts. Overall, while the outlook remains optimistic, caution is advised in terms of timing for new investments.
Happy Belly Food Group is a OTC stock, trading under the symbol HBFG-CSE on the (). It is usually referred to as or HBFG-CSE
In the last year, 1 stock analyst published opinions about HBFG-CSE. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Happy Belly Food Group.
Happy Belly Food Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Happy Belly Food Group.
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In the last year, there was no coverage of Happy Belly Food Group published on Stockchase.
On , Happy Belly Food Group (HBFG-CSE) stock closed at a price of $.
Incredible job scaling the business. Close to 500 franchises in development, which should take about 3-5 years. About $2-2.5M in revenue per quarter, anticipates a ramp up to ~$4M next year. Lots of faith in CEO -- a passionate and excellent entrepreneur, who's really good at identifying concepts early, buying them cheaply, and building them out.
Valuation not cheap, and that's keeping him out. If you can be patient, you'll be fine with current valuation. But it's already done incredibly well, so may need to base while it backfills the valuation.