CGB 0.00% 2.1¢ cann global limited

Ann: Quarterly Activities and Cashflow Report, page-9

  1. 1,311 Posts.
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    Hmmm not so true... its still bad...

    I'm looking at another company (won't list the name here so that the comment doesn't get pulled for cross-promotion). But this other company has a Market Cap of $17 million AND is actually profitable at the bottom line.

    In comparison, the latest quarterly for this other company had:
    • Revenue of $4.4M for the quarter
    • Product Manufacturing and Operating costs of only $2.018M (i.e. under 50% of revenue, and in contrast to CGBs 130% of revenue)
    • and Net Cash from Operations (i.e. Revenue minus All Costs associated with Operations) of $1.3M for the quarter - I.e. profitable cash flow


    This is a remarkable difference to CGB, is it not?
    Last edited by Tomasp: 03/02/20
 
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