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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

Comment by SandstoneMineron Apr 18, 2021 2:50pm
196 Views
Post# 33019321

RE:Aphria did not lose $361 million in the last quarter

RE:Aphria did not lose $361 million in the last quarterSorry guys I have a typo in my below post. Convertible debenture unrealized (non-cash) loss was $265 million not $365 my apologies.

Despite the decrease in revenues Aphria was still able to maintain and slightly add to its adjusted EBIDTA during this past quarter all while navigating the obstacles and contraints imposed by the pandemic. Irwin runs a tight ship and just wait until life gets back to normal and they get things meshed with Tilray-- Aphria Diamond's low cost production supplying the combined Tilray and Aphria customer base is a winning combo!

SandstoneMiner wrote: I do not know why people keep posting this piece of misinformation. Aphria did not lose $361 million in cash this past quarter. Look at the financial statements. Its mostly non-cash loss due to the share based compensation ($36 million) and the convertible debentures ($365 million).  These are non-cash losses due to the increase in the share price during the quarter. This will improve once the merger completes and they switch to US GAAP accounting rules). Then there was the $12 million for transaction costs related to the Tilray merger. The adjusted net loss when these are removed is just under $48 million. For further details please refer to pages 28-30 of the MD&A.


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