PINL:HERTF - Post by User
Comment by
lscfaon Mar 01, 2023 12:29am
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Post# 35311565
RE:New Press Release - Heritage Cannabis Reports Q4 2022 and Year-End Financial Results, Achieving Continued Growth in Top-Line Revenue and Gross Margin for the Quarter, and Year-Over-Year Revenue Growth of 125%
RE:New Press Release - Heritage Cannabis Reports Q4 2022 and Year-End Financial Results, Achieving Continued Growth in Top-Line Revenue and Gross Margin for the Quarter, and Year-Over-Year Revenue Growth of 125%No explanation why Q4 gross margin was so weak....
| Qtr ending | Revenue | Net Revenue | Excise Taxes | Gross profit | CFO | Equip purchases | Working cap |
| Oct 22 | 11,148,059 | 8,038,105 | 3,109,954 | 426,112 | (5,796,112) | 79,666 | 14,730,394 |
| Jul 22 | 10,799,784 | 7,495,885 | 3,303,899 | 2,470,839 | (1,432,746) | (223,584) | 17,420,180 |
| Apr 22 | 10,452,313 | 7,491,184 | 2,961,129 | 3,184,806 | 29,656 | 771,742 | 19,689,681 |
| Jan 22 | 9,596,141 | 6,541,211 | 3,054,930 | 1,884,761 | (1,602,206) | 441,558 | 19,383,979 |
| Oct 21 | 6,134,334 | 4,649,025 | 2,483,917 | (2,680,629) | (4,363,301) | 296,995 | 20,304,906 |
| Jul 21 | 5,111,945 | 4,314,314 | 797,631 | 1,245,245 | (3,255,121) | 302,627 | 21,450,222 |
| Apr 21 | 4,604,798 | 3,575,175 | 1,029,623 | 1,491,262 | (1,490,299) | 1,200,621 | 25,301,078 |
| Jan21 | 1,827,373 | 1,520,616 | 306,657 | 510,255 | (1,971,587) | 130,533 | 10,206,816 |
| Oct20 | 1,500,750 | 1,429,973 | 70,777 | (1,634,851) | (1,384,096) | | 11,390,534 |