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Bullboard - Stock Discussion Forum Indiva Ltd NDVAF


Primary Symbol: V.NDVA.H

Healthcare
Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron... see more

TSXV:NDVA.H - Post Discussion

Indiva Ltd > Q3
View:
Post by QCINDIVALUVIN on Nov 21, 2022 10:15pm

Q3

Financials below expectation its on Sedar. 8.7 of net...
Comment by nedstar71 on Nov 21, 2022 11:20pm
I didn't have high hopes but those results are far below even my expectations, and I would think everyone's. At least their cash level still seems ok.
Comment by davgro on Nov 21, 2022 11:56pm
Don't be so low energy Ned.  JUST KIDDING (I couldn't resist).  You are absolutely right, Q3 revenue was disappointing but I am not surprised.  Revenues are down among most Canadian LPs that have reported recently.  With consumers tightening their wallets and cutting back on discretionary spending, due to higher interest rates, inflation and a looming recession, I don& ...more  
Comment by nedstar71 on Nov 22, 2022 12:29am
Damn you! Lol! I'm still surprised how light the revenue was considering all the new products they put out. That alone should have provided a sigificant revenue bump over Q3 of last year and Q2 of this year imo. There were the OCS and BC issues though, and as you say the economy likely isn't helping. Being the stock was pushed to .15 today hopefully my 1.5 cent fluctuation prediction is ...more  
Indiva Ltd
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