Canadian Cannabis Producers Reduces Net Loss In Q2, Reports Drop In Revenue And Gross Profit Improvement
Canadian Cannabis Producers Reduces Net Loss In Q2, Reports Drop In Revenue And Gross Profit Improvement
Red White & Bloom Brands Inc. (CSE:RWB) (OTC:RWBYF) reported on Tuesday its condensed interim consolidated unaudited financial results for its second quarter ended June 30, 2023.
紅白與布魯姆品牌公司 CSE: RWB）（場外交易代碼：RWBYF）週二公佈了截至2023年6月30日的第二季度未經審計的中期合併財務業績。
Q2 2023 Financial Highlights
2023 年第二季度財務亮點
- Revenues were CA$21.9 million ($16 million), down from CA$27.4 million in the prior year's period.
- Gross profit, before fair value adjustments, was CA$6.9 million, up from CA$4.8 million in the same quarter of last year.
- Total operating expenses were CA$9.8 million, down from CA$13.3 million in the corresponding period of last year.
- Net loss was CA$ 9.4 million, down from CA$ 17.6 million in the second quarter of fiscal 2022.
- Adjusted EBITDA came in positive at CA$252,778 compared to a negative adjusted EBITDA of CA$6.3 million in the second quarter of last fiscal year.
- As of June 30, the company had CA$310.7 million in total assets and CA$305.7 million in total liabilities.
- 收入是 2190 萬加元（1,600 萬美元）， 低於去年同期的2740萬加元.
- 毛利，在公允價值調整之前，是 690 萬加元， 高於去年同期的480萬加元。
- 運營費用總額 是 980萬加元， 低於去年同期的1,330萬加元.
- 淨虧損爲940萬加元， 低於2022財年第二季度的1,760萬加元。
- 調整後 EBITDA 的結果是肯定的 252,778 加元 而上一財年第二季度調整後的息稅折舊攤銷前利潤爲負630萬加元。
- 截至6月30日，該公司已經 總資產爲3.107億加元，總負債爲3.057億加元。
"Through our continuing cost rationalization efforts, the Company has been able to successfully generate nearly $4 million (fiscal year to date) in reductions to its general and administrative expenses," said Colby De Zen, president of RWB. "The company has also recently invested in optimizing its manufacturing facilities through value-added enhancements, driven by automation and procurement strategies, designed to drive both labor and product cost efficiencies as well as an increase in overall production capacity."
他說：“通過我們持續的成本合理化努力，公司成功地減少了近400萬美元（本財年迄今爲止）的一般和管理費用。” Colby De Zen，RWB 總裁。“在自動化和採購戰略的推動下，該公司最近還投資通過增值來優化其製造設施，旨在提高勞動力和產品成本效益，並提高整體產能。”
To learn more about how companies in cannabis industry manage to stay afloat aming dalling prices and a product glut come join as at the Benzinga Cannabis Capital Conference, the place where deals get done, is returning to Chicago this Sept 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.
要進一步了解大麻行業的公司如何在價格下跌和產品過剩的情況下設法維持生計，請加入 本辛加大麻資本會議，交易完成的地方，是 將於9月27日至28日重返芝加哥參加第17屆會議。立即獲取門票 在價格上漲之前，確保在大麻投資和品牌的中心佔有一席之地。
Related News
相關新聞
- Red White & Bloom To Acquire Beleaguered Canadian Cannabis Operator Aleafia
- Red White & Bloom FY22 Revenue Grows 161.6%, Here Is What You Need To Know
- Key Marijuana Executive Changes You Should Know About, New Appointments & More
- Red White & Bloom 將收購陷入困境的加拿大大麻運營商 Aleafia
- Red White & Bloom 2022 財年收入增長了 161.6%，這是你需要知道的
- 你應該知道的關鍵大麻高管變動、新任命等
Photo: Courtesy of Tim Foster on Unsplash
照片：由 Unsplash 上的蒂姆·福斯特提供
譯文內容由第三人軟體翻譯。