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Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Comment by thebiz on Nov 08, 2018 10:28pm
65 Views
Post# 28948074

RE:Financials

RE:FinancialsI'll be honest, I like the analysis and while this doesn't look "great" on the surface the fact is that the net and comprehensive loss has been reduced by 20% Q3 YTD over '17. Truth be told that is all I cared about regarding Q3 '18 aside from seeing what the inital revenue looked like. The reduction in net and comprehensive loss tells me everything I will ever need to know about my current position and the near to immidiate future of this company. All is good.

 

Q3 2018 QTD ($)

Q3 2017 QTD ($)

page12image7040 page12image7360

$ change % change

Q3 2018 YTD ($)

page12image9608 page12image10032

Q3 2017 YTD ($)

$ change % change

 

           

Net and comprehensive loss

(4,806,195)

(3,942,182)

(864,013) 22%

page12image102368 page12image102688

(10,452,904)

(13,022,137)

page12image105256 page12image105680
page12image106152

2,569,233 (20%)

 

           

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