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Can B Corp. Stock Takes A 51% Plunge On Record Quarterly Revenue

Can B Corp. Stock Takes A 51% Plunge On Record Quarterly Revenue

Can B Corp.股價創下季度收入新高,暴跌51%
Benzinga Real-time News ·  2022/11/22 23:46

Can B Corp. (OTCQB:CANB) released financial results for the third quarter and nine months ended September 30, 2022, revealing revenue of $2.9 million, an increase of $1.0 million, or 51%, compared with $1.9 million for the three months ended September 30, 2021.

B公司可以嗎?(場外交易代碼:CANB)發佈了截至2022年9月30日的第三季度和九個月的財務業績,披露收入290萬美元,增加100萬元,或51%,而截至2021年9月30日的三個月為190萬美元。

Q3 2022 Financial Highlights

2022年第三季度財務亮點

  • Gross profit was $1.9 million, an increase of $500,000, or 36%, compared with $1.4 million for the three months ended September 30, 2021.

  • Gross margin was 64.3%, compared with 71.7% for the same quarter last year.

  • Adjusted EBITDA loss decreased by 25% to $1.5 million

  • Net loss was $6.9 million, or ($1.98) per share, compared with a net loss of $3.2 million, or a net loss of ($1.61) per share, for the three months ended September 30, 2021.

  • G羅斯利潤曾經是190萬美元與截至2021年9月30日的三個月的140萬美元相比,增加了50萬美元,增幅為36%。

  • 毛利率為64.3%,而去年同期為71.7%。

  • 調整後的EBITDA虧損下降25%,至150萬美元

  • 淨虧損為690萬美元,或每股1.98美元,而截至2021年9月30日的三個月淨虧損320萬美元,或每股淨虧損1.61美元。

Key Business Highlights for Q3 2022

2022年第三季度的主要業務亮點

  • Signed manufacturing and distribution agreement for Superfood Products with Forever Brands and Brooke Burke via BB Body, Inc.

  • Consolidated hemp division operations in Colorado

  • 簽署的製造和分銷協議超級食品產品使用永遠的品牌布魯克·伯克通過BB Body,Inc.

  • 綜合大麻部門在科羅拉多州的業務

Marco Alfonsi, Can B's CEO, stated, "We are thrilled with our tremendous quarterly results, having achieved the highest quarterly revenue in our company history. We generated $2.9 million in quarterly revenue while reducing our cash burn as demonstrated by the 25% decrease in adjusted EBITDA. Our team made great strides over the past several months integrating and ramping up the various operations we strategically acquired over the past year to complete our vertical processing capabilities."

馬爾科·阿方西CAN B首席執行官表示:“我們對我們巨大的季度業績感到興奮,取得了公司歷史上最高的季度收入。我們創造了290萬美元的季度收入,同時減少了現金消耗,調整後的EBITDA減少了25%。我們的團隊在過去幾個月裏取得了長足的進步,整合並加強了我們在過去一年中戰略性收購的各種業務,以完成我們的垂直處理能力。”

Alfonsi concluded, "We had a vision and were confident in the assets we were assembling over the past year. It is great to see all the challenging work pay off and result in accelerating revenue growth and a reduction in cash losses. With our proven manufacturing and distribution capabilities, we are now executing major strategic agreements, such as the recently announced deal with Brooke Burke. Since the end of the quarter, we have started taking orders and shipping Superfood Products with Brooke Burke and are very excited about the early demand and results. Can B is now a full-service hemp-derived cannabinoid company that can facilitate servicing large box retailers, boutique vape and smoke stores, and strategic partners."

阿方西最後説:“我們有遠見,對過去一年我們積累的資產充滿信心。看到所有具有挑戰性的工作都得到了回報,並導致收入加速增長和現金損失減少,這是一件很棒的事情。憑藉我們久經考驗的製造和分銷能力,我們現在正在執行主要的戰略協議,例如最近宣佈的與Brooke Burke的交易。自本季度末以來,我們已經開始與布魯克·伯克一起接受訂單和發運超級食品產品,並對早期的需求和結果感到非常興奮。Can B現在是一家提供全方位服務的大麻衍生大麻類公司,可以促進為大型盒子零售商、精品電子煙商店和戰略合作伙伴提供服務。“

Price Action

價格行動

Can B Corp. shares were trading 51.43% lower at $1.02 per share at the time of writing Tuesday morning.

寫這篇文章時,CAN B Corp.的股價週二上午下跌了51.43%,至每股1.02美元。

Get your daily dose of cannabis news on Benzinga Cannabis. Don't miss out on any important developments in the industry.

獲取您的每日大麻用量新聞 在本辛加大麻上。不要錯過對該行業任何重要發展的期望。

Photo: Benzinga; Sources: courtesy of Stefan Balaz via Shutterstock and Peter Pike via Pixabay

圖片來源:Stefan Balaz通過Shutterstock提供,Peter Pike通過Pixabay提供

譯文內容由第三人軟體翻譯。


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