Cosmos Health (COSM) CEO Issues Letter to Shareholders

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Go back to Cosmos Health (COSM) CEO Issues Letter to Shareholders

COSMOS HEALTH CEO Issues Letter to Shareholders

October 5, 2023 8:32 AM EDT

Company reaches major strategic inflection point, with operations and revenue ramp-up underway, to significantly accelerate in 2024 and beyondMaintains solid balance sheet with negligible debt and strong, diversified asset baseBook value exceeds $4 per share, which is more than 3x current share priceTangible assets, including unencumbered freehold properties, have a fair market value exceeding $12M, which is more than 50% of current market capitalizationIn H1 2023, Adjusted EBITDA and Adjusted Net Income each surpassed $3 millionInaugural 2026 guidance... More