Aphria Inc. APHA

Aphria did not lose $361 million in the last quarter

[SandstoneMiner]

I do not know why people keep posting this piece of misinformation. Aphria did not lose $361 million in cash this past quarter. Look at the financial statements. Its mostly non-cash loss due to the share based compensation ($36 million) and the convertible debentures ($365 million).  These are non-cash losses due to the increase in the share price during the quarter. This will improve once the merger completes and they switch to US GAAP accounting rules). Then there was the $12 million for transaction costs related to the Tilray merger. The adjusted net loss when these are removed is just under $48 million. For further details please refer to pages 28-30 of the MD&A.

[Positivelive1]

There are a few dimwits who post without explanation to bash! Ignore

[SandstoneMiner]

Sorry guys I have a typo in my below post. Convertible debenture unrealized (non-cash) loss was $265 million not $365 my apologies. Despite the decrease in revenues Aphria was still able to maintain and slightly add to its adjusted EBIDTA during this past quarter all while navigating the obstacles and contraints imposed by the pandemic. Irwin runs a tight ship and just wait until life gets back

[Ghostinthedark]

Hey, you are confusing me... The reality is that the stock has dropped from $40  to $16.5... or whatever in 8 weeks!!! The reality is that net revenue declined from the previous quarter. The reaity is that the company is losing money. The reality is that the stock is in a monthly and weekly downtrend, which strongly suggests the share price will continue to fall. There is a mjaor support