Indiva Ltd V.NDVA.H

Alternate Symbol(s): NDVAF

Healthcare

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its product category includes edibles, capsules and tablets, and vape. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. The Company sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.

TSXV:NDVA.H - Post by User

Indiva Ltd > Warrants

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Comment by caretired1on Dec 03, 2020 6:01pm

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RE:RE:RE:RE:RE:Warrants

In their quarterly release they said Oct net revenue was 2.2 million at 29% margin so call that 600-650k gross margin and their expenses (non interest and depreciation) look like 650ish k per month. SO October maybe was EBITDA break even. They also said November will be a record month so now they have a real shot at profit. The interest deprn etc is 150ish per month so they need another 500k is sales to cover that. SO if November and future sales are 2,7 million then they have profit, even before gross margins get better with lower cost of distillate raw materials in the future, Maybe thats the first question next Tuesday if you can ask any.

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