RE:HEXO Beats Aurora and Canopy on MarginRegardless of whether quintard's data is accurate or not - and it's generally not, what is the point of cherry picking such data?
Margin does not pay the bills - and showing comparisons of this for 3 companies who are all losing money is pretty irrelevant. It's like sayiong "sure we suck, but otehrs suck too"
The numbers that Hexo investors need to be concerned with are NET PROFIT OR LOSS and POSITIVE OR NEGATIVE CASH FLOW.
Throwing out these statistics is for losers (or loosers as tonto would say) quinlash - (2/15/2022 11:37:42 PM) HEXO Beats Aurora and Canopy on Margin Margin is a measure of profit on the sale of goods and services. Margins being reported by HEXO Corp, as per last report, are in the area of 28% for non-beverage sales.
Margin, as reported on last QTR report, by Aurora Cannabis is in the area of 24%
Margin, as report on last QTR report, by Canopy Growth is in the area of 21%
28% is higher than both 21% and 24% and therefore, while HEXO Corp, as with both Aurora and Canopy, have yet to turn cash flow positive, is indeed making more money per sale than that of the other top tier 1 producers listed above.
Cash flow positive is projected within 3 QTRs for HEXO Corp.