OTCQB:VVCIF - Post by User
Comment by
1hot-techwomanon Jun 27, 2019 7:01am
62 Views
Post# 29868565
RE:RE:Aleafia and Vivo very similiar companys...look at Q1 numbers
RE:RE:Aleafia and Vivo very similiar companys...look at Q1 numberssrtman03 wrote: srtman03 wrote: Aleafia Health revenue was $1.5 million, compared to $0.1 million in Q1 2018, a 1,723 per cent year-over-year increase. The Company experience a net loss of $20.2 million, or a $7 million net loss, excluding $13.2 million in one-time, non-cash payments resulting from the closing of the Emblem acquisition. The Company has $36.8 million cash on hand at March 31, 2019, compared to $26.4 million at December 31, 2018. Current assets, including cash, totalled $61 million at March 31, 2019, compared to $29.2 million at December 31, 2018....................................................................................................................................................................................................................................................................................................................... VIVO Cannabis Reports Q1 2019 Financial Results -- Net revenue of $5.1 million, compared to $5.8 million in Q4 2018 -- Q4 2018 sales benefited from initial product stocking by provincial distributors -- Adjusted EBITDA of ($2.2M), compared to ($7.3M) in Q4 2018 -- Cash and short-term investments (excluding strategic equity investments) of $68.4 million as at March 31, 2019
Little skewed is it not especially when Vivo is a larger LP ......Amazing to say the least...LOL All being done for a takeover !!
I think you are bang on there !!! Aleafia has same share count as Vivo and is smaller than Vivo in business as well. There last Q1 numbers were terrible and there at $1.23 and Vivo at $0.44? makes no sense ......