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
新闻稿：Jacksam Corporation dba Convetium宣布2021年会计年度第二季度业绩，同比增长162%
Jacksam Corporation dba Convectium Announces Fiscal 2021 Second Quarter Results Highlighted by 162% Y/Y Growth
Jacksam Corporation dba Convetium宣布2021年会计年度第二季度业绩，同比增长162%
PR Newswire
美通社
NEWPORT BEACH, Calif., Aug. 12, 2021
加利福尼亚州纽波特海滩，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.
亚洲网加利福尼亚州纽波特海滩2021年8月12日电专注于为大麻和CBD行业开发机械设备解决方案的工作流程自动化公司Jacksam Corporation dba Convetium(场外交易市场代码：JKSM)(以下简称“公司”)今天公布了截至2021年6月30日的2021财年第二季度的财务和经营业绩。
Second Quarter 2021 Highlights:
2021年第二季度亮点：
-- 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.
-166万美元的销售额比2020年第二季度增长162%，比2021年第一季度下降6%。--尽管销售额同比增长强劲，但季度环比下降6%主要是由于新冠肺炎导致我们在加拿大的合作伙伴出现临时供应问题，导致我们的一台“预卷ER”机器延迟交货。这些机器的制造商建议零售价(MSRP)为每台325,000美元。这台机器预计将推迟到2021年第三季度交付。--我们的“核心产品”--灌装机和封盖机的销售额在同比和季度基础上都有所增长。我们的灌装机和封盖机在2021年第二季度的销售额比2021年第一季度增长了25%，延续了今年的强劲势头。-在产品组合转变的推动下，毛利率扩大了100bps季度/季度。--运营费用在本季度受到几项一次性支出的不利影响，其中包括向保险承保公司支付21.9606美元，以支付我们的董事和高级管理人员责任保险(D&O保险)的“较长时间”，以应对保险承保人提高向其大麻公司客户收取的D&O保险费的整体市场走势。我们预计此类付款将在几年内一次性支付，并在2021年第二季度完全确认。
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首席执行官马克·亚当斯在评论这一消息时表示：“随着我们市场领先的灌装和封口解决方案继续成为大麻和CBD行业的行业标准，我们的核心产品继续强劲增长。我们还联系了几个新的合作伙伴，这将帮助我们继续加快过去几个季度经历的巨大增长。2021年下半年看起来非常有希望，我们将参加10月20日至10月22日在拉斯维加斯举行的MJBizCon，这将是一个突出的亮点。
About Jacksam/Convectium
关于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为大麻和CBD行业设计和销售自动化VAPE、POD和弹壳灌装/封盖设备。我们也是其他CBD和Cannabis自动化解决方案的分销商，包括“Pre Roll-ER”自动预卷机。我们的自动化设备是在美国设计和制造的，并在美国获得了全面的UL认证。使用Jacksam/Convetium的自动化设备，我们的客户的产量比手工灌装提高了60倍。Jacksam/Convetium专注于帮助我们的客户实现工作流程自动化，并快速将定制品牌产品放到药房货架上。超过250家公司，包括该领域的许多主要品牌和多州运营商(MSO)，依靠Jacksam/Convetium实现其生产和后台运营的自动化。
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SOURCE Convectium
源联盟
/CONTACT: Mark Adams, CEO, 617-877-6740, mark@convectium.com
首席执行官马克·亚当斯(Mark Adams)电话：617-877-6740
(END) Dow Jones Newswires
(完)道琼通讯社
August 12, 2021 09:00 ET (13:00 GMT)
2021年8月12日东部时间09：00(格林尼治标准时间13：00)
译文内容由第三方软件翻译。