Canadian Weed Producer Reduces Net Loss For 2023 But Reports Higher Debt
Canadian Weed Producer Reduces Net Loss For 2023 But Reports Higher Debt
Canadian marijuana company Red White & Bloom Brands Inc. (CSE:RWB) (OTC:RWBYF) reported its financial results Monday for the fourth quarter and fiscal year 2023, revealing quarterly revenue of CA$19.9 million ($14.5 million), compared to CA$15.4 million in the same period of 2022. For the fiscal year 2023, the Toronto-based operator reported revenues of CA$88.3 million, compared to CA$87.7 million in fiscal 2022.
加拿大大麻公司Red White & Bloom Brands Inc.（CSE: RWB）（場外交易代碼：RWBYF）週一公佈了第四季度和2023財年的財務業績，顯示季度收入爲1,990萬加元（合1450萬美元），而2022年同期爲1,540萬加元。2023財年，這家總部位於多倫多的運營商報告的收入爲8,830萬加元，而2022財年爲8,770萬加元。
"RWB continued to effect value-added transformations of its business during fiscal 2023," stated Colby De Zen, president and director. "We focused on higher margin revenue opportunities and sunsetting of low margin products, as can be seen in our results, which has led to a 30% increase in gross margin with revenue only increasing marginally over the same period. Moving into fiscal 2024, the company has targeted several near-term priorities, including a fulsome restructuring of its current financing arrangements, resourcing its key business segments, both in Canada and across incumbent and prospective US states, providing a path for our company and its valued team members to achieve profitable growth and sustainable liquidity."
總裁兼董事科爾比·德森表示：“在2023財年，RWB繼續對其業務進行增值轉型。”“從我們的業績中可以看出，我們專注於更高的利潤率收入機會和低利潤產品的淘汰問題，這使毛利率增長了30％，同期收入僅略有增長。進入2024財年，該公司已確定了幾個短期優先事項，包括對當前的融資安排進行全面重組，爲其在加拿大以及美國現有和潛在州的關鍵業務部門提供資源，爲我們公司及其重要團隊成員提供實現盈利增長和可持續流動性的途徑。”
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Q4 2023 Results Compared To Q4 2022
2023 年第四季度業績與 2022 年第四季度對比
- Gross profit was CA$7.4 million, compared to CA$1.3 million.
- Net loss amounted to CA$118.1 million, versus net loss of CA$206.1 million.
- Adjusted EBITDA was a gain of CA$1.7 million, compared to an Adjusted EBITDA loss of CA$3.2 million.
- 毛利爲740萬加元，而毛利爲130萬加元。
- 淨虧損爲1.181億加元，而淨虧損爲2.061億加元。
- 調整後的息稅折舊攤銷前利潤爲收益170萬加元，而調整後的息稅折舊攤銷前利潤虧損爲320萬加元。
FY 2023 Results Compared To FY 2022
2023 財年業績與 2022 財年比較
- Gross profit was CA$31.2 million, which compares to CA$22.5 million.
- Adjusted EBITDA was a gain of CA$5.5 million, versus CA$7.2 million.
- Operating expenses were CA$11.0 million, compared to CA$7.4 million.
- Net loss amounted to CA$143.6 million, which compares to a net loss of CA$242.1 million.
- At the end of 2023, the company had reported a debt of CA$240 million, compared to a debt of CA$171.8 million at the end of 2022.
- 毛利爲3,120萬加元，相比之下爲2,250萬加元。
- 調整後的息稅折舊攤銷前利潤爲550萬加元，而收益爲720萬加元。
- 運營費用爲1,100萬加元，而運營費用爲740萬加元。
- 淨虧損爲1.436億加元，而淨虧損爲2.421億加元。
- 截至2023年底，該公司報告的債務爲2.4億加元，而2022年底的債務爲1.718億加元。
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Photo: Courtesy of Ryland zweifel via Shutterstock
照片：由 Ryland zweifel 通過 Shutterstock 提供