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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare
Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. The Company's brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company's subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., Auxly Annapolis Inc., Auxly Annapolis OG Inc., and Auxly Leamington Inc.


TSX:XLY - Post by User

Auxly Cannabis Group Inc
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Post by settoretireon May 13, 2024 6:28pm
124 Views
Post# 36037712

FYI

FYI
Auxly Cannabis Group
XLY
Share Price 7 Day   1 Year  
0.05 -16.7%   233.3%  
 
First quarter 2024 earnings released: CA$0.026 loss per share (vs CA$0.011 loss in 1Q 2023)
First quarter 2024 results:
  • CA$0.026 loss per share (further deteriorated from CA$0.011 loss in 1Q 2023).
  • Revenue: CA$25.2m (up 5.3% from 1Q 2023).
  • Net loss: CA$26.0m (loss widened 154% from 1Q 2023).

Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.

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