MYM Nutraceuticals earns $577,981 in Q2
MYM Nutraceuticals earns $577,981 in Q2
2021-01-29 09:19 ET - News Release
Mr. Michael Wiener reports
MYM RELEASES SECOND QUARTER 2021 FINANCIAL RESULTS POSTS RECORD REVENUE AND NET PROFIT
MYM Nutraceuticals Inc. has provided its second quarter 2021 financial statements and management discussion and analysis (MD&A), which are available on SEDAR.
"This was our first full quarter since the acquisition of Highland Grow and a monumental one for the business on many fronts." said Michael Wiener, CEO of MYM. "We generated gross revenue of approximately $4.1M in the quarter and posted our first net profit in company history."
Key Operating Highlights
- Gross revenue of $4.1 million, an increase of 303% from the prior quarter
- Positive EBITDA of $845,776
- Entered the Alberta market
- Introduced additional new SKUs across both the Highland Grow and Coastal Connection brands