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1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

Healthcare Cannabis
1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. Its product offerings through its in-house brands, including wholesale flower, pre-rolls, and extracted products under the AMA and Level X brands for the Nevada market; and Canna Hemp, a national cannabidiol (CBD) brand of wellness products, which include tinctures, gummies, topicals and sports recovery products. The Company owns 91% of Alternative Medicine Association, LC (AMA) and 100% of Infused MFG LLC (Infused). AMA is a licensed medical and adult-use cannabis cultivation and extraction company, which produced its own AMA branded line of cannabis-based products and manufactures third-party brands. Infused produces the Canna Hemp line of hemp-based, CBD products. Infused’s product line includes topicals, creams, vapes and others.


CSE:TGIF - Post by User

1933 Industries Inc > THE NUMBERS
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Comment by deeton Dec 30, 2021 7:35pm
190 Views
Post# 34272577

RE:THE NUMBERS

RE:THE NUMBERS
jfogarty12 wrote:
  • Reduced operating expenses by 45%
  • Improved gross margins by 18%
  • Reduced net loss by 66%
  • Adjusted EBITDA loss improved by 78%

 
   Q1 2022 Financial Highlights  
 
   October 31, 2021     October 31, 2020  
Revenues
   $ 2,466,064     $ 2,687,516  
Gross margin
   $ 1,103,102     $ 728,700  
Expenses
   $ 1,937,229     $ 3,544,687  
Net loss for the period
   $ (948,825 )   $ (2,818,577 )
Basic and diluted loss per share
   $ (0.00 )   $ (0.01 )
Comprehensive loss for the period
   $ (1,120,750 )   $ (2,929,123 )
Adjusted EBITDA loss
   $ (303,978 )   $ (1,351,212 )
Cash balance
   $ 3,162,952     $ 2,044,573  
Total assets
   $ 44,585,701     $ 45,431,525  
Total liabilities
   $ 20,418,844     $ 26,714,275  
Total liabilities and shareholders' equity
   $ 44,585,701     $ 45,431,525



You sound pretty upbeat....and that's what we need right now.   I'd really like to know what fair market value is right now. It can't be a measly 4 cents. Thoughts?

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