MTL Cannabis Corp's Q1 2024 Results: Net Revenue Up 121% Amid Strong Gross Profits
MTL Cannabis Corp's Q1 2024 Results: Net Revenue Up 121% Amid Strong Gross Profits
MTL Cannabis Corp. (CSE:MTLC) announced its Q1 2023 financial outcomes on Monday through its subsidiary, Montréal Cannabis Médical Inc.
MTL大麻公司(CSE：MTLC)週一通過其子公司Montréal Cannabis MéDical Inc.宣佈了2023年第一季度的財務業績。
MTL Cannabis CEO Michael Perron expressed confidence in the company's growth trajectory, driven by a robust business model and customer satisfaction.
MTL大麻首席執行官邁克爾·佩倫在強勁的商業模式和客戶滿意度的推動下，表達了對公司增長軌跡的信心。
"Our team has done an outstanding job to help drive significant growth in both revenues and cash flows from operations over the last year. The results affirm that we have built a sound business model focused on premium quality cannabis, which is confirmed by our customers' appreciation for the products produced at MTL," Perron stated.
Perron表示：“在過去的一年裡，我們的團隊出色地幫助推動了業務收入和現金流的顯著增長。結果證實，我們已經建立了專注於優質大麻的穩健商業模式，我們的客戶對MTL生產的產品的讚賞證實了這一點。”
Operating Income Adjusts And Cash Inflows
營業收入調整與現金流入
- Net Revenue surged to $12,763,787 CAD, marking a 121% YoY increase from $5,766,128 CAD in the same quarter last year.
- Gross profits reached $3,274,781 CAD, with a rise of $602,069 CAD compared to $2,672,712 CAD in the corresponding quarter of the previous year.
- Operating Income experienced a decline of $207,219 CAD, settling at $599,599 CAD from $806,818 CAD in the prior year's quarter.
- The company reported net cash inflows from operating activities of $2,140,029 CAD, a significant improvement from a deficit of ($690,847) CAD in the same quarter last year.
- 淨收入飆升至12,763,787加元，較去年同期的5,766,128加元增長121%。
- 毛利潤達到3,274,781加元，比去年同期的2,672,712加元增加602,069加元。
- 營業收入減少207,219加元，從上年同期的806,818加元降至599,599加元。
- 該公司公佈的經營活動淨現金流入為2,140,029加元，較去年同期的赤字(690,847加元)有顯著改善。
The Benzinga Cannabis Capital Conference, the place where deals get done, is returning to Chicago this September 27-28 for its 17th edition. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.
Benzinga Cannabis Capital Conference是達成交易的地方，將於今年9月27日至28日在芝加哥舉行第17屆會議。在價格上漲之前今天就買到票，並在大麻投資和品牌推廣的中心獲得一席之地。
Photo: Bob G via Pixabay.
圖片來源：鮑勃·G通過Pixabay。
譯文內容由第三人軟體翻譯。