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1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

Healthcare Cannabis
1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA segment is focused on the cultivation and sale of medical and adult use cannabis products. Its Infused MFG segment is focused on the manufacturing of Hemp derived cannabidiol (CBD) products. Its product offerings through its in-house brands, including wholesale flower, pre-rolls, and extracted products under the AMA and Level X brands for the Nevada market; and Canna Hemp, a national CBD brand of wellness products, which include tinctures, gummies, topicals and sports recovery products. The Company owns 91% of AMA, and 100% of Infused MFG LLC Infused.


CSE:TGIF - Post by User

1933 Industries Inc > Increase cash balance and reduced Net Loss big time!
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Comment by meagainon Dec 04, 2021 9:14am
190 Views
Post# 34198129

RE:RE:Increase cash balance and reduced Net Loss big time!

RE:RE:Increase cash balance and reduced Net Loss big time!
meagain wrote: Can you update to show Q4 vs Q3 instead?

jfogarty12 wrote:
Revenue
 $ 2,510,169     $ 2,388,010  
Gross margin
 $ (70,881 )   $ 63,177  
Expenses
 $ 2,092,068     $ 5,241,312  
Cash balance
 $ 4,405,849     $ 2,761,542  
Net loss
 $ (2,642,456 )   $ (7,236,277 )
Comprehensive loss
 $ (2,270,333 )   $ (6,045,722 )
Adjusted EBITDA loss
 $ (2,105,312 )   $ (7,196,520 )
Basic and diluted loss per share
 $ (0.01 )   $ (0.03 )
Total assets
 $ 45,353,816     $ 46,584,470
 




WELL I WENT AND DID IT. NOW SEE WHAT A REAL FAILURE Q4 WAS.

    Q4   Q3   DELTA  
Revenue
 $ 2,510,169 $ 3,370,510 $ (860,341) -25.53%
Gross margin
 $ (70,881) $ 2,467,154 $ (2,538,035) -102.87%
Expenses
 $ 2,092,068 $ 1,884,481 $ 207,587 11.02%
Cash balance
 $ 4,405,849 $ 5,918,633 $ (1,512,784) -25.56%
Net loss
 $ (2,642,456) $ 582,673 $ (3,225,129) -553.51%
Comprehensive loss
 $ (2,270,333) $ (513,716) $ (1,756,617) 341.94%
Adjusted EBITDA loss
 $ (2,105,312) $ 1,404,081 $ (3,509,393) -249.94%

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