Woryh noting on the Financial aspect...From the Q2 financial report:
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- Cash and cash equivalents of $30.9-million at Feb. 28, 2022 ($38.6-million at Aug. 31, 2021).
- Consolidated sales were $8.1-million in Q2 2022 compared with $8.8-million in Q2 2021 due to supply chain disruptions that affected manufacturing and distribution of the company's products, as well as a decrease in hospitals procedure volumes.
- Net loss was $2.4-million in Q2 2022 compared with a net income of $41,000 in Q2 2021.
- Excellent xash position and low cash burning rate
- Stunning deal with Premier Inc
Probably a small loss in the Q3 but very promissing ''outlook''in the coming months.
Will see what Louis well have to report next Thursday !
Cannot be but very good news !