Bullboard - Stock Discussion Forum Eve & Co Inc V.EVE.H

Consumer Defensive Household & Personal Products

Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products... see more

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Eve & Co Inc > EVE's market cap $8,496,000. EVE's 2020 loss $9,813,693.

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Post by reallyBobbyZ on May 05, 2021 10:05am

EVE's market cap $8,496,000. EVE's 2020 loss $9,813,693.

EVE managed to lose more $$$ in 2020 than their Market Cap.

EVE's market cap is 28,800,000 shares @ 29.5 = $8,496,000.

EVE's 2020 loss was $9,813,693.

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Comment by DerekVTXman on May 05, 2021 3:23pm

Aurora Cannabis loss was $400 Million, I wouldn't say that's okay just because their Market Cap is $1.4 Billion dollars. Really $10 Million is nothing to lose for an entire year. Their sales will be a lot higher in 2021 and it will be pretty easy to turn that $10 million loss into a $10 Million profit. A lot has changed sincce December 31st, but our Q1 financials ...more

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Comment by reallyBobbyZ on May 05, 2021 4:08pm

Hi Derek, hope things are good. I posted that info because I had never seen that before....a loss bigger than a firm's market cap. Seems like a lot of folks are pinning their hopes on Q1/21 now that Q4/20 was such a disaster. Best of luck to you as always. Cheer, Bob

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Eve & Co Inc