TSXV:EVE.H - Post by User
Post by
reallyBobbyZon Nov 26, 2020 7:05pm
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Post# 31986119
Q3...first key #s.....UGLY!
Q3...first key #s.....UGLY!Net Loss for the 3 months July/Aug/Sept. = $4,267,044 or $1,422,348 per month LOSS average compared to profit of $7,904 in April/May/June.
Cash on Hand at Sept 30 = $384,314....enough for a week at CASH BURN of $1,422,348/month loss average.
Price per gram shrank from $1.36 [Q2] to $1.21 [Q3].
Net Revenue was only $634,070 for July/Aug/Sept. compared with $1,275,593 in April/May/June...a 50% drop.
Will keep reviewing and posting. Want to thoroughly review inventory and how much bud was grown in Room 3 for those 3 months.
Cheers, Bob