RE:RE:RE:Results soon. Random thoughtsLooking at Q1, I think the the biggest jump in revenue will be in (Wellnes Reveunes) which was first recorded in Q4.
I believe this was due to the agreement on Feb 23, 2021, with Aphria/CC Pharma and Materia Deutschland has entered into a commercial supply agreement with CC Pharma GmbH ("CC Pharma"), a wholly owned subsidiary of Aphria Inc., to distribute its high quality, Aphria-branded flower products across Materia Deutschland's pharmacy network throughout Germany.
Materia has grown significantly since then!
Q4 (2021) Wellness Revenue 5,794 usd
Q1 (2021) Wellness Revenue 14,927 usd
Thats a 157.6% increase in 3 months.
Hi hopes, but if they get a 100% increase that will be substantial. Comparing with competitors in the same EU market, sales were high past 3 months.
Revenue Cannabis increased 31.2% in above Q's
Distribution revenue increased 0.6% in above Q's
Beverage and Alcohol decreased 3.0% in above Q's
Good chance, if you do the math...we could be in th mid to high 170M USD range in Q2
glta
V