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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.股价创下季度收入新高,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公司可以吗?(场外交易代码:CANB)发布了截至2022年9月30日的第三季度和九个月的财务业绩,披露收入290万美元,增加100万元,或51%,而截至2021年9月30日的三个月为190万美元。

Q3 2022 Financial Highlights

2022年第三季度财务亮点

  • 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罗斯利润曾经是190万美元与截至2021年9月30日的三个月的140万美元相比,增加了50万美元,增幅为36%。

  • 毛利率为64.3%,而去年同期为71.7%。

  • 调整后的EBITDA亏损下降25%,至150万美元

  • 净亏损为690万美元,或每股1.98美元,而截至2021年9月30日的三个月净亏损320万美元,或每股净亏损1.61美元。

Key Business Highlights for Q3 2022

2022年第三季度的主要业务亮点

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

  • Consolidated hemp division operations in Colorado

  • 签署的制造和分销协议超级食品产品使用永远的品牌布鲁克·伯克通过BB Body,Inc.

  • 综合大麻部门在科罗拉多州的业务

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."

马尔科·阿方西CAN B首席执行官表示:“我们对我们巨大的季度业绩感到兴奋,取得了公司历史上最高的季度收入。我们创造了290万美元的季度收入,同时减少了现金消耗,调整后的EBITDA减少了25%。我们的团队在过去几个月里取得了长足的进步,整合并加强了我们在过去一年中战略性收购的各种业务,以完成我们的垂直处理能力。”

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."

阿方西最后说:“我们有远见,对过去一年我们积累的资产充满信心。看到所有具有挑战性的工作都得到了回报,并导致收入加速增长和现金损失减少,这是一件很棒的事情。凭借我们久经考验的制造和分销能力,我们现在正在执行主要的战略协议,例如最近宣布的与Brooke Burke的交易。自本季度末以来,我们已经开始与布鲁克·伯克一起接受订单和发运超级食品产品,并对早期的需求和结果感到非常兴奋。Can B现在是一家提供全方位服务的大麻衍生大麻类公司,可以促进为大型盒子零售商、精品电子烟商店和战略合作伙伴提供服务。“

Price Action

价格行动

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

写这篇文章时,CAN B Corp.的股价周二上午下跌了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.

获取您的每日大麻用量新闻 在本辛加大麻上。不要错过对该行业任何重要发展的期望。

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

图片来源:Stefan Balaz通过Shutterstock提供,Peter Pike通过Pixabay提供

译文内容由第三方软件翻译。


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