Post by
quinlash on Jan 28, 2024 11:48am
RE:RE:RE:RE:Canopy and Tilray make the news once again
Anyone paying attention is aware that Canopy should be reporting a 50 to 60 percent reduction in expenses due to them dropping biosteel. Biosteel contributed to gross sales but had a negative net contribution to the numbers.
We may see lower gross sales but higher net so therefore a better contribution towards EPS positive. Debt can be expected to be lowered yet again.
You do realize you can rough out the numbers yourself right? Just by reviewing all the press releases issues leading into and during the reporting period. Might be a better use of your time rather than counting on someone else doing your research for you
Comment by
quinlash on Jan 28, 2024 11:52am
Old, Expense of carrying Biosteel is gone now.
Comment by
Oldweed on Jan 28, 2024 1:04pm
True enough, but I don't think they have removed the going concern yet, lets see if they do on the next finnacial, if not, then the clock is ticking.
Comment by
caretired1 on Jan 28, 2024 12:32pm
The net revenue number you're hoping to see increase is $70 million cdn and margin of $23 million cdn and expenses changing(?) from continuing ops of $60 ish million cdn