Aphria Inc. APHA

Aphria # 1 in Canada with A1 & DD Just Getting Started

[Savage97]

Positive EBITDA gives a sense of how well a company is handling its operating expenses, Aphria reported EBITDA of CA$8.6 million, a stunning 49% increase from CA$5.7 million in the year-ago quarter. Aurora and Canopy have yet to achieve profitability and are not even close yet.  Aphria has an upper hand in sales, with fiscal 2020 revenue coming in at $543.3 million Canadian dollars, a year-over-year increase of 129%.  Aphria's net revenue was up 18% from the year-ago quarter to CA$152 million, with CA$65.4 million coming from cannabis products and CA$99.1 million from distribution revenue. Irwin's strategy of focusing Aphria on its core operations in Canada has played out well.  Aphria was the first company to launch a variety of vape products in Canada which have generated great sales.  In contrast, Aurora and Canopy Growth's misteps proved unprofitable.  Aphria has already created a stronghold with its medical and recreational cannabis operations in Canada, with Germany, Italy, Malta, Colombia, and Argentina to follow.  Its cash position remains robust, with CA$497.2 million of cash and cash equivalents on the books in the recent quarter to fuel its expansion plans in Canada and internationally.

[Sid123]

Totally agree I've consolidated most of my holdings into APHA as they have clearly seperated themselves from the pack. Can't wait for tomorrow getting huge selection of vapes for my stores from Riff & Good Supply. Have not really talked about Subway Scientist PR from Riff but thc coming in between 26-29% they sell out within a day or two.  Aurora with its disaster balance sheet

[mlcb2525]

Will you stop repeating yourself..................

[Savage97]

LOL.  Music to my ears every time a member from the poser clown crew gets butt hurt lol.  Use the ignore button if you don't like my posts.  GLTA