Press Release: Jacksam Corporation dba Convectium Announces Fiscal 2021 Second Quarter Results Highlighted by 162% Y/Y Growth
Press Release: Jacksam Corporation dba Convectium Announces Fiscal 2021 Second Quarter Results Highlighted by 162% Y/Y Growth
Press Release: Jacksam Corporation dba Convectium Announces Fiscal 2021 Second Quarter Results Highlighted by 162% Y/Y Growth
新聞稿：Jacksam Corporation dba Convetium宣佈2021年會計年度第二季度業績，同比增長162%
Jacksam Corporation dba Convectium Announces Fiscal 2021 Second Quarter Results Highlighted by 162% Y/Y Growth
Jacksam Corporation dba Convetium宣佈2021年會計年度第二季度業績，同比增長162%
PR Newswire
美通社
NEWPORT BEACH, Calif., Aug. 12, 2021
加利福尼亞州紐波特海灘，2021年8月12日
NEWPORT BEACH, Calif., Aug. 12, 2021 /PRNewswire/ -- Jacksam Corporation dba Convectium (OTCQB: JKSM) (the "Company" or Jacksam/Convectium), a workflow automation company focused on developing machinery and equipment solutions for the cannabis and CBD industry, today announced its financial and operational results for the second quarter of fiscal 2021 ended June 30, 2021.
亞洲網加利福尼亞州紐波特海灘2021年8月12日電專注於為大麻和CBD行業開發機械設備解決方案的工作流程自動化公司Jacksam Corporation dba Convetium(場外交易市場代碼：JKSM)(以下簡稱“公司”)今天公佈了截至2021年6月30日的2021財年第二季度的財務和經營業績。
Second Quarter 2021 Highlights:
2021年第二季度亮點：
-- Sales of $1.66M increased 162% Y/Y from Q2 of 2020 and declined 6% Q/Q from Q1 2021. -- Despite of strong Y/Y sales growth, the 6% Q/Q decline was primarily due to a delivery delay for one of our "PreRoll-ER" machines, as Covid-19 caused our partner in Canada temporary supply issue. These machines are priced at a manufacturer's suggested retail price (MSRP) of $325,000 each. The delivery of this machine was expected to be postponed into Q3 2021. -- Sales for our "core products", the filling and capping machines, increased both on Y/Y and Q/Q basis. This year's strong momentum continues as sales for our filling and capping machines grew 25% in Q2 2021 vs. Q1 2021. -- Gross margin expanded 100bps Q/Q driven by a shift in product mix. -- Operating expenses were adversely impacted by several one-time expenses during the quarter, including a single $219,606 payment to an insurance underwrite to cover the "Extended Period" of our Directors and Officers Liability Insurance (D&O Insurance), in response to an overall market movement that insurance underwriters increased D&O Insurance premium charged to their cannabis company clients. We expect such payment to be one-time over years and was fully recognized in Q2 2021.
-166萬美元的銷售額比2020年第二季度增長162%，比2021年第一季度下降6%。--儘管銷售額同比增長強勁，但季度環比下降6%主要是由於新冠肺炎導致我們在加拿大的合作伙伴出現臨時供應問題，導致我們的一台“預卷ER”機器延遲交貨。這些機器的製造商建議零售價(MSRP)為每台325,000美元。這台機器預計將推遲到2021年第三季度交付。--我們的“核心產品”--灌裝機和封蓋機的銷售額在同比和季度基礎上都有所增長。我們的灌裝機和封蓋機在2021年第二季度的銷售額比2021年第一季度增長了25%，延續了今年的強勁勢頭。-在產品組合轉變的推動下，毛利率擴大了100bps季度/季度。--運營費用在本季度受到幾項一次性支出的不利影響，其中包括向保險承保公司支付21.9606美元，以支付我們的董事和高級管理人員責任保險(D&O保險)的“較長時間”，以應對保險承保人提高向其大麻公司客户收取的D&O保險費的整體市場走勢。我們預計此類付款將在幾年內一次性支付，並在2021年第二季度完全確認。
Commenting on the news, Jacksam/Convectium CEO Mark Adams stated: "We continue to see very strong growth in our core products as our market leading filling and capping solutions continue to become the industry standard in the cannabis and CBD industry. We've also contacted several new partners that will help us continue to accelerate the tremendous growth we have been experiencing over the past few quarters. The second half of 2021 looks to be very promising and will be highlighted by our attendance at MJBizCon in Las Vegas from October 20(th) - October 22(nd) at Booth C 6346. I'm extremely excited."
Jacksam/Convetium首席執行官馬克·亞當斯在評論這一消息時表示：“隨着我們市場領先的灌裝和封口解決方案繼續成為大麻和CBD行業的行業標準，我們的核心產品繼續強勁增長。我們還聯繫了幾個新的合作伙伴，這將幫助我們繼續加快過去幾個季度經歷的巨大增長。2021年下半年看起來非常有希望，我們將參加10月20日至10月22日在拉斯維加斯舉行的MJBizCon，這將是一個突出的亮點。
About Jacksam/Convectium
關於Jacksam/Convetium
Jacksam/Convectium designs and markets automated vape, POD and cartridge filling/capping equipment for the cannabis and CBD industry. We also are a distributor of other CBD and Cannabis automation solutions including the "Pre Roll-ER" automated pre roll machine. Our automated equipment is designed and built in the U.S. and carries full UL certification in the U.S. Using Jacksam/Convectium's automated equipment, our customers increase output by up to 60 times over hand filling. Jacksam/Convectium is focused on helping our customers automate their workflow and quickly get custom branded products onto dispensary shelves. Over 250 companies, including many dominant brands and multi state operators (MSO's) in the space, rely on Jacksam/Convectium for automation of their production and back office operations.
Jacksam/Convetium為大麻和CBD行業設計和銷售自動化VAPE、POD和彈殼灌裝/封蓋設備。我們也是其他CBD和Cannabis自動化解決方案的分銷商，包括“Pre Roll-ER”自動預卷機。我們的自動化設備是在美國設計和製造的，並在美國獲得了全面的UL認證。使用Jacksam/Convetium的自動化設備，我們的客户的產量比手工灌裝提高了60倍。Jacksam/Convetium專注於幫助我們的客户實現工作流程自動化，並快速將定製品牌產品放到藥房貨架上。超過250家公司，包括該領域的許多主要品牌和多州運營商(MSO)，依靠Jacksam/Convetium實現其生產和後台運營的自動化。
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SOURCE Convectium
源聯盟
/CONTACT: Mark Adams, CEO, 617-877-6740, mark@convectium.com
首席執行官馬克·亞當斯(Mark Adams)電話：617-877-6740
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(完)道瓊通訊社
August 12, 2021 09:00 ET (13:00 GMT)
2021年8月12日東部時間09：00(格林尼治標準時間13：00)
譯文內容由第三人軟體翻譯。