RE:Loss .15/share for 2022 vs a loss of .04/share for 2021 You betcha, mate but as of December 31,2022 we still have C$0.09 per share of equity left to pizz away but if we ever do make a profit we have C$300million in tax write offs available until 2030 or so. Woohoo. Looking' good?? lol
Auxly share equity took a C$130million hit last year but on the upside they recorded EBITDA of only NEGATIVE C$783,000 on a NET revenue of C$24.68million in Q4-2022.
BTW, note the drop in accounts payable.
Oh, and in case you missed it the packaging equipment at Kolab Project / Auxly Ottawa is kinda sorta almost operation but not exactly completely commissioned and/or running as expected because... ???
Well, apparently they can't find a monkey that knows the difference between a Robertson screwdriver and one of those pointed starry guy ones with the flat bit on it. FFS!!
Read the Q4 Report and MD&A at:
https://auxly.com/investors/
So painful you just gotta laugh.
It's okay though. Hugo is 'pleased' as we move into 2023.
Unfaaaaking believable.
cheers