BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > HEXO Reports Gross Margin 40%

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Comment by Rothchildishon Oct 15, 2020 12:36pm

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Post# 31721655

RE:RE:RE:HEXO Reports Gross Margin 40%

Ill quote myself to stay at the top, so everyone can see how dumb Quinlash is and how misleading he is.

Rothchildish wrote: Wrong again... look at the financial statements for Q3, its written UNAUDITED ON EVERY SINGLE PAGE. Do you know how long an audit takes??? You think every quarter is audited, my god you're dumb. Q3 CALCULATIONS ARE HERE : Gross margin = 5730/30895 = 18.54%. Page 4 of the document, or page 2 of the statements.

quinlash wrote: Gross margin calculations reported by a corporation are audited. They are reported using legally binding accounting rules. Gross margin numbers, earnings numbers, company progress etc reports / numbers etc need to be sourced from the company documents, not by some known basher / shorter and distorter on a public (apparantly poorly regulated) chat forum.

quinlash wrote: HEXO 2020 Q3 Reported out 40% Gross Margin. Outlined in the QTR report as well as the Call Transcript

Taken from call transcript:

Gross margin before fair value adjustments for Q3 2020 was CAD8.8 million or 40% compared with net revenues from the sale of goods compared to CAD5.7 million or 33% in the prior quarter. This increase is due to the reduction in the cost per gram as a result of the decreased packaging and a radiation costs as well as the improved yields per square foot

Link to Call Transcript
https://www.fool.com/earnings/call-transcripts/2020/06/11/hexo-corp-hexo-q3-2020-earnings-call-transcript.aspx