Is Delta 9 Cannabis Inc.'s Q2 2022 Revenue Surge Enough To Offset Net Losses?
Is Delta 9 Cannabis Inc.'s Q2 2022 Revenue Surge Enough To Offset Net Losses?
Delta 9 Cannabis Inc. (OTC:DLTNF) released its financial results Monday for the three-month period ending June 30, 2022.
Delta 9 Cannabis Inc.（场外交易代码：DLTNF）周一公布了截至2022年6月30日的三个月期间的财务业绩。
During the second quarter of 2022, Delta 9 reported a net loss of $(3.4) million from operations, a notable contrast to the $(0.8) million loss incurred in the same quarter last year.
2022年第二季度，达美9号公布的运营净亏损为340万美元，与去年同期亏损（80万美元）形成鲜明对比。
Despite this, the company's net revenue showcased growth, reaching CAD $17.5 million for the quarter, up by 4% from the previous year's CAD 16.75 million.
尽管如此，该公司的净收入仍保持增长，本季度达到1750万加元，较上一年的1675万加元增长了4％。
Sequentially, Delta's net revenue surged by 40% from CAD 12.5 million in the preceding quarter, ending March 31, 2022.
达美航空的净收入连续从截至2022年3月31日的上一季度的1,250万加元激增了40％。
"Our Q2 results show robust growth with improved margins, driven by our strategic plan," stated John Arbuthnot, CEO of Delta 9. "We're capitalizing on growth opportunities, expanding retail stores nationwide, and entering new markets. Our solid balance sheet allowed a $11.8 million convertible debt repurchase in July. This supports organic growth and strategic M&A pursuits."
Delta 9首席执行官John Arbuthnot表示：“在我们的战略计划的推动下，我们的第二季度业绩显示出强劲增长，利润率有所提高。”“我们正在抓住增长机会，在全国范围内扩大零售门店，并进入新市场。我们稳健的资产负债表允许在7月份进行1180万美元的可转换债务回购。这为有机增长和战略并购活动提供了支持。”
Profit Margin And EBITDA Performance
利润率和息税折旧摊销前利润表现
- Gross profits for the second quarter of 2022 amounted to CAD 4.6 million, reflecting a 6% decrease compared to the same period in the prior year when it stood at CAD 4.9 million. Consequently, the gross margin experienced a marginal decline.
- Delta 9's adjusted EBITDA for the second quarter of 2022 indicated a loss of $(0.4) million, diverging from the positive adjusted EBITDA of CAD 1.2 million reported in the same quarter last year.
- 2022年第二季度的毛利为460万加元，与去年同期的490万加元相比下降了6％。因此，毛利率略有下降。
- Delta 92022年第二季度调整后的息税折旧摊销前利润显示亏损（40万美元），与去年同期公布的120万加元的正调整后息税折旧摊销前利润有所不同。
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.
Benzinga Cannabis Capital Conference是达成交易的地方，将于9月27日至28日重返芝加哥参加第17届会议。在价格上涨之前立即获取门票，并在大麻投资和品牌的中心占有一席之地。
Photo: wal_172619 via Pixabay.
照片：wal_172619 来自 Pixabay。