Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

<< Previous
Bullboard Posts
Next >>
Post by Savage97on Aug 19, 2020 8:03am
270 Views
Post# 31426989

Aphria Cash Flow Positive

Aphria Cash Flow PositiveWith the completion of Germany’s cultivation assets and recent EU-GMP certifications granted, Aphria has built one of the largest cannabis companies in the world that can potentially be sustained on Canada’s market alone, one of the smallest, leaving untapped capital and favourable borrowing potential for global expansion through free cash flow.

Carl Merton -- Chief Financial Officer So getting to positive free cash flow is really a function of the capex spend. And now that we see the huge changes we've made there, you'll see that capex spend decrease over the first couple of quarters, and we should easily be into free cash flow by the back half of the year.

I actually think Carl might be conservative with that “back half” comment, I’m bullish for Q2 given vape popularity and 4 one ounce offerings in the last two weeks of Q1-2021, I think I see a game plan.

Copied from TheCannalysts
<< Previous
Bullboard Posts
Next >>