In Q1 $PRPL did 186M in sales with ~6.5 Machines of capacity. they added one machine in May and one Machine in Q3. Taking their effective capacity to 8.5 Machines. in August they increased prices by about 17% on average. I believe they have 260M+ capacity for Q4, possibly more.
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They have high utilization? Excess demand? I don’t follow them…
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That equals more money if my math checks out!
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The supply chain discussion is going to need to be discussed
End of conversation
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