GREY:ALEAF - Post by User
Comment by
1hot-techwomanon Aug 12, 2020 7:38am
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Post# 31396536
RE:RE:$9.7 Million in Revenues and Growing :)
RE:RE:$9.7 Million in Revenues and Growing :)stocktracker101 wrote: it's more or less what I thought.. 9.8 million sales 3 million adjusted EBITDA net loss 4 million... higher patient / medical sales and less bulk flower sales.... overall not bad and a good cash position...
1hot-techwoman wrote: Three months ended, % Change Jun 30, 2020 Jun 30, 2019 Net revenue 9,775 3,839 155% Net cannabis revenue(1) 8,995 2,420 272% Consolidated cost of sales 6,273 2,795 124% Gross profit (loss) before fair value ("FV") adjustments on net revenue 3,502 1,044 235% Gross margin before FV adjustments on net revenue(1) 36% 27% n/a Selling, general & administrative expenses ("SG&A") 8,500 7,855 8% Adjusted EBITDA(1)(2) 3,042 (4,538) n/a Net (loss) income (4,020) (11,477) 65%
In full agreement there !! Glad I added more yesterday at $0.58 :) This will do well !!