TSX:HEXO.W.A - Post Discussion
Post by
Keeler on Jun 02, 2023 10:55pm
'q' says the revenue Hexo will report depends
on much they sold.
?
I'm not kidding, see below. Post by
quinlashon Jun 02, 2023 3:10pm 38 Views
Post# 35477530
HEXO QTR Report -> Due June 14th
Information relating to QTR reports is typically found on the website of the Company you are interested in. For HEXO Corp it is contained under the FAQ
Only foolish amateur hour, entry level, investment deficient would refer to a company's (any companies) website as a primary source for financials. A company as poorly managed as Hexo would br completely biased and slanetd in what they post, omitting the negative, with the result that the reader has a more favorable impression of the company.
Unlike quinlash, whose track record of investing is below poor - informed investors doing proper due diligence and research use SEC filing sites - Sedar and Edgar, where companies are required by legislation to file full and complete financial statements, along with related MD&A. No biased opinions on these legal filings, just complete factual information. Section located here:
https://hexocorp.com/faq/ The Due Date is
June 14th however we will not know the exact date until it is made public by the Company.
All companies have 45 days after teh end of their quarter to file - there is no 'Due Date' for psoting on their own website - their financials on Sedar/Edgar, 90 days for year end financials. With Hexo's Q3 having ended at eh end of April - the filing is required mid June, Hexo has a history of releasing bad news on Fridays after close - but that probably won't be necessary anymore as everyone knows it will be bad news and the special meeting on the Tilray acquisition will consume the investors decision. As for what the revenue numbers will look like, this literally depends on how much product they sold and for how much. If Cannabis Sales (as a whole) went up or down during the period then HEXO Corp will be reporting some change to their numbers based on those overall trends.
Brilliant quinlash. If I read your ight, the revenue Hexo will report will be based on how much they sold and at what price.
Absoluetly brilliant. Considering HEXO Corp has launched a number of new products over the last 6/12 months we may see some level of incremental improvements simply due to them having more product out there to offer to consumers.
Can you name 3 new products?
Hexo's revenue has dropped 8 quarters in a row, you are suggesting that offering more of the Hexo products that Canadian consumers don't want will increase sales? Unforunately the Company has not produced offical Press Releases on each of the product launchs however those following the Company closely should know roughly which ones are being referred to.
Can you name 3 of these products - that Hexo didnt give investors or the consumers the courtesy or advertising of issuing press releases on?
Be the first to comment on this post