Medipharm Labs Corp T.LABS

MediPharm Labs Revenues Continue To Decline, Posts Negative

[AwareInvestor]

Medipharm Labs this morning continued to show its desperate need for effective leadership. The company posted yet another quarter of declining revenues and negative margins, posting just $5.1 million in revenues for the second quarter along with a loss of $11.8 million.

https://thedeepdive.ca/medipharm-labs-revenues-continue-to-decline-posts-negative-gross-margin/

[Starkicker]

Brutal. The first line says it all.

[BDHG01]

They had some write-downs that contributed to decreased profit this quarter, but still managed to post a net loss that improved from last quarter, or compared to the disastrous Q4 2020.  I think these numbers show a company pulling out of a hole they largely created themselves by betting the 'Pharm' (if you will) on pivoting away from the domestic B2B market and instead doubling down

[corvette67]

Maybe someone will buy out this POS. On the bright side, nobody should worry about $.70 warrants being exercised. GLTA

[jayc1]

If those .70 warrants are not exercised we will see dilution at much lower price. So i hope we can get to .70 in near future.

[mdjbrown]

lol jc1 You have ants in yur pants or something Warrants dont expire until March 2023..... so lots of time yet to capitalize on those cheapies once international revenues multiply, and the shareprice starts to reflect the improvements. Dont forget, the when in May, go away crowd will be coming back to the market in another month or less, and if Q3 results show improvement, its anyones guess as