Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer

NDAQ:APHA - Post by User

Aphria Inc.

Bullboard Posts

Post by ipanemaon Jul 23, 2017 11:40am

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Post# 26499115

Comparisons CGC and APH

I thought I would share some of my analysis metrics with the Board in part to see if I have made some errors so please provide input if the numbers are incorrect.

Comparisons	Year	Year
	APH	WEED
Gross Margin before Fair Value ADJ	77.57%	63.15%
Fair Market Adj as a % of Revenues	7.06%	31.18%
Gross Margin with IRRF	84.63%	94.33%

Operational Costs as a % of Revenues
General and Admin	22.89%	42.26%
Share based Compensation	11.74%	20.17%
Selling MKT and Promotion	32.60%	32.49%
Amortization	4.68%	15.20%
Research and development	2.41%	2.03%
	74.32%	112.14%

Increase in Biologial Assets in Period	$664,752	$8,322,000

Inventory increase in KGS during period	530	4,161
Sales in KGS in Period	2,615	5,139

Valuation per Gram of Dry Cannabis in Inventory	$3.75	$5.26
Valuation per ml of Oil in Inventory	$0.62	$2.49

Average Sales Price per gram	$7.82	$7.76

Average cost per Gram in period	$1.87	$2.86

Average profit per gram on Sale	$4.07	$2.50
Period IFRS mark up per gram	$1.88	$2.40
Total Gross Margin	$5.95	$4.90

Kilos in closing inventory	991	8,665
Kilos sold in last quarter	738	1,740