Aphria Inc. APHA

RE:RE:Food for thought

[Viking49]

DoctorD1954 wrote: I may not be very smart on how financials in organizations work. But to simplify it for myself, would you not be comparing their doubled gross revenues of $216M against their new operating expense of $138M for a net profit of $78M?

From the $216 million revenues you would deduct the Cost of Goods first to come up with your gross profit.  Cost of Goods will include production costs, quality, packaging depreciation and amortization purchased items for resale.

Once you figure the gross profit, then Operating Expenses are deducted to calculate profit.  Operating expenses include General and Administrative, Sales & Marketing, R & D, interest expenses, SBC, Legal.

Canopy has spent money like an insane, impaired sociopath and one day the market will wake up and run for the exits.  Listening to the CEO today.........it's all damage control now.........he knows their costs are crazy, revenues dragging...........this next year will be a transition and maybe in 2022 things will be better.