CordovaCann FY 2022 Revenue Grows 31% YoY, Here Are The Details
CordovaCann FY 2022 Revenue Grows 31% YoY, Here Are The Details
CordovaCann Corp. (OTCQB:LVRLF) (CSE:CDVA) released its financial results for its fiscal year ending June 30, 2022, revealing revenue of $13.5 million, a 31% increase compared to $10.3 million in the prior year.
Cordova Cann Corp.(OTCQB:LVRLF)(CSE:CDVA)发布了截至2022年6月30日的财年财务业绩,披露的收入1350万美元,a 31% 增加而上一年为1,030万美元。
FY 2022 Financial Highlights
2022财年财务亮点
-
Gross profit was $3.7 million compared to $3.5 million in fiscal 2021.
-
Net loss was $4 million compared to $4.8 million in fiscal 2021.
-
Net loss per share was ($0.04), an improvement from a net loss per share of ($0.06) in fiscal 2021.
-
毛利润为370万美元相比之下,2021财年为350万美元。
-
净亏损为$4 百万相比之下,2021财年为480万美元。
-
每股净亏损为0.04美元,较2021财年每股净亏损0.06美元有所改善。
The Star Buds Cannabis Co. stores in Canada posted another strong month of revenues in October, in spite of it being a seasonally weaker part of the year for the industry. For the month, the store chain generated revenues of $1.17 million with a gross margin of 25.7%. Store performance has benefited from tight cost controls and rationalization in the cannabis retail market. Due to this performance, management is working on expanding the Star Buds Cannabis Co. footprint in Canada through both organic store growth and acquisitions.
这个星芽大麻有限公司加拿大的商店在10月份又公布了强劲的收入月份,尽管这是该行业一年中季节性较弱的部分。当月,这家连锁店创造了117万美元的收入,毛利率为25.7%。商店业绩得益于严格的成本控制和大麻零售市场的合理化。由于这一业绩,管理层正在努力通过有机门店增长和收购扩大Star Buds Cannabis Co.在加拿大的足迹。
Cordova's operations in the United States also made significant progress in October. During the month, Extraction Technologies secured a tolling contract from the largest cultivation consortium in Washington to extract 5,000 lbs. of biomass per month for the client. In Oregon, work continues to expand the facility of Cannabilt Farms to allow for additional capacity of indoor cultivation. The company expects this additional capacity to be online in early 2023.
科尔多瓦在美国的业务在10月份也取得了重大进展。在这个月里,提取技术从华盛顿最大的种植财团那里获得了一份开采5000磅的通行费合同。每个月为客户提供生物质。在俄勒冈州,继续扩大设施的工作坎尼比尔特农场以增加室内栽培的能力。该公司预计,这一额外容量将于2023年初上线。
Photo by Diyahna Lewis on Unsplash
Diyahna Lewis在Unspash上的照片
Related News
相关新闻
CordovaCann's Star Buds Cannabis Hits Record Monthly Revenue Of 1.26M In August
Cordova Cann的Star Buds Cannabis 8月份月度收入达到创纪录的126万
CordovaCann Expands Into California Cannabis Market With AuBio Labs
Cordova Cann通过AuBio实验室进军加州大麻市场
Star Buds Cannabis Partners With DoorDash Canada To Launch Cannabis Pickup In Ontario
Star Buds Cannabis与DoorDash Canada合作在安大略省推出大麻皮卡
译文内容由第三方软件翻译。