Bullboard - Stock Discussion Forum Indiva Ltd V.NDVA.H

Alternate Symbol(s): NDVAF

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

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TSXV:NDVA.H - Post Discussion

Indiva Ltd > Q3 Tuesday nov 16

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Post by caretired1 on Nov 10, 2021 2:56pm

Q3 Tuesday nov 16

Q2 had adj ebitda of $500k. Will we see a beat on that next Tuesday with gross margin improvement on cheaper distillate?

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Comment by QCINDIVALUVIN on Nov 10, 2021 3:25pm

Perhaps. Revenues will be lower though...

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Comment by Stuboo on Nov 10, 2021 4:02pm

I exect to see around 8 million. The real story will be improved margins and hopefully a sneak peak at a stellar Q4

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Comment by MacLovin on Nov 10, 2021 9:27pm

Stellar Q4 - heard sub 40% retail market share for October. Lower then the 50% a couple of months ago but agree still should still be very strong Q4 with 40'ish% retail market share. Should be very impressive quarter for sure!

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Comment by MacLovin on Nov 10, 2021 9:19pm

lower revenue i think but improved margins as well is my guess. Should be a decent Q3, however maybe a bit of a bloodbath on earnings - trying to figure out all the press releases made during Q3 and honestly I am confused - is there an impairment charge coming?? Not sure if earnings matter more or margins - likely margins which should be good news for the stock if I was a betting ...more

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Indiva Ltd