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 YoY Net Sales up 55%

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Post by quinlashon Nov 02, 2022 11:13am

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Post# 35066308

HEXO YoY Net Sales up 55%

Net revenue for the company grew 55% Year over Year for HEXO Corp. This would likely be in large part due to the additional product lines it acquired from the Redecan acquistion.

As an investor in the company I do not care in the slightest if those additional sales came in from Quebec, Ontario or other parts of the country. What I want to see (and I did) is a strong year over year growth in sales.

It also appears that HEXO Corp is indeed making progress in terms of managing the debt load from the acquistions made by the prior management team.

As I noted last week. I believe the Dec 15th Report is the one current investors should be looking forward to.

Taken from HEXO's Q4 Summary:

- HEXO recorded net revenue in FY22 of $191.1 million, up from $123.8 million from the fiscal year ended July 31, 2021 (“FY21”).

Link to HEXO Corp 2022 Year end Report Summary
https://www.globenewswire.com/news-release/2022/11/01/2545088/0/en/HEXO-Reports-Q4-22-and-FY22-Financial-Results.html

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