Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Intercure Ord Shs T.INCR.U


Primary Symbol: INCR

InterCure Ltd is an Israel-based company primarily enagged in cannabis industry. Thorugh its wholly owned subsidiary Canndoc the Company operates as licensed cannabis producer and one of the first to offer Good Manufacturing Practices (GMP) certified and pharmaceutical-grade medical cannabis products.


NDAQ:INCR - Post by User

<< Previous
Bullboard Posts
Post by Betteryear2on May 16, 2022 6:33pm
187 Views
Post# 34687655

InterCure Begins 2022 with Record Breaking First Quarter

InterCure Begins 2022 with Record Breaking First Quarter

Record revenue of $341 million in the first quarter of 2022

Adjusted EBITDA2 increased almost 110% year-over-year to $8 million

Net income of $6 million for the Q1 of 2022 compared to $2 million in Q1 of 2021

Seventh consecutive quarter of positive cash flow from operations

$91 million cash on March 31, 2022

Revenue growth expected to continue in the second quarter and throughout 2022

NEW YORK and TORONTO and HERZLIYA, Israel , May 16, 2022 (GLOBE NEWSWIRE) -- InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc)("InterCure" or the “Company”) is pleased to announced its financial results for the first quarter of 2022 and is pleased to provide shareholders with a business update. All amounts are expressed in Canadian dollars ($)3 or New Israeli Shekels (NIS), unless otherwise noted.

InterCure Begins 2022 with Record Breaking First Quarter Financial Results

 
 
<< Previous
Bullboard Posts