RE:RE:Benefit From the Banning of Naked Short Selling?Rotaluceps wrote:
WEED
CAD in Millions except per share data
Quarterly Jun 22 Mar 22 Dec 21 Sep 21 Jun 21
Total Revenue
110.12 111.77 140.97 131.37 136.21
Annually YoY %Chg Mar 22 Mar 21 Mar 20 Mar 19
Total Revenue -4.82% 520.33 546.65 398.77 226.34
Taking the two 2022 quarters of
$110.12M and $111.77M, and assuming the best that the revenues will not decline further, the next annual result will be lower than $450M (4 x $
111.77M) from
$520M highlited above. I honestly think it will be lower but good if they can do better, it will be no miracle. The struglling companies will continue to struggle but still competing as long as they can raise public money or issue shares. The management will try to extend their paycheck the longest possible.
Below is an old 2020 link to an article how a non profitable company is wasting the public money.
The pumper will tell you they all have comparable salary, which I will not research. I already knew how bad it was and I will not search more.
Canopy Growth: Klein's Annual Compensation Includes Base Salary of US$975k | the deep dive
Annual salary of insider of canopy grow - Search (bing.com)