Bullboard - Stock Discussion Forum Rocky Mountain Liquor Inc V.RUM

Consumer Defensive Grocery Stores

Rocky Mountain Liquor Inc. is a Canada-based company. The Company, through its wholly owned subsidiary, Andersons Liquor Inc., owns and operates approximately 24 private liquor stores in Alberta. The Company is engaged in selling beer, wine, spirits, ready to drink products, as well as ancillary items such as juice, ice, soft drinks and giftware. Its liquor store locations in Alberta include... see more

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TSXV:RUM - Post Discussion

Rocky Mountain Liquor Inc > RUM Sees Significant Increases in Sales

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Post by moneywinner1 on Sep 14, 2020 9:19am

RUM Sees Significant Increases in Sales

Sales increased by $2.3M or 19% to $14.3M (2019 was $12.0M) with 28 stores contributing to sales at the end of the period in 2020 vs 29 at the end of the period in 2019
EBITDAR* increased by 71% to $1,619,086 (2019 was $947,479)

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Comment by moneywinner1 on Sep 15, 2020 8:41am

Financial highlights, year over year 6 month comparison: Sales increased by $2.6M or 13% to $23.7M (2019 was $21.1M) with 28 stores contributing to sales at the end of the period in 2020 vs 29 at the end of the period in 2019 EBITDAR* increased by 74% to $2,110,349 (2019 was $1,210,488) Net income improved by $1.4M to $695,507 (2019 loss was $722,721)

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