RE:RE:RE:The Bashers Want Our Shares 🙈🐵 Let's keep it simple. We DO talk about the losses. When we discuss EBITDA negative or positive we are talking about the companies losses or gains with respect to revenues generated vs expenses.
By tracking EBITDA we can determine the companies progress toward becoming a profitable and self-sustaining entity.
Improving margins means a company realizes a higher net return on their products. This reflects in higher net revenues which improves EBITDA by further offsetting any cost/losses incurred.
In 2021 Auxly improved EBITDA by 24% and reduced its Net Losses to ($33million) as compared to the ($85million) in 2020. That's a 61% reduction or a $51.5million dollar improvement from the year prior.
As for being broke and having no money;
Net Assets C$450 million
Share Equity. C$208 million
Gross Revs 2021 C$120 million
Net Revs 2021 C$ 83.8 million
Cash C$ 14.8 million
There is no possible, logical argument or explanation that these numbers warrant a Market Cap of under C$300million let alone less than C$150million.
Read the full press release and be sure to scroll through the tables provided if you're on your phone.
https://www.globenewswire.com/en/news-release/2022/03/31/2413738/0/en/Auxly-Reports-Fourth-Quarter-and-Full-Year-2021-Financial-Results-and-Provides-Outlook-for-2022.html
Auxly has improved on almost every metric and is focussed on profitability but that doesn't matter when the entire mj sector is getting stomped on.
'Of course, a single minded, one dimensional basher might say that, 'none of this, has anything to to with, any of that.' Thereby dismissing everything but their own opinion.
cheers