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.（場外交易代碼：DLTNF）週一公佈了截至2022年6月30日的三個月期間的財務業績。
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，達美9號公佈的運營淨虧損爲340萬美元，與去年同期虧損（80萬美元）形成鮮明對比。
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.
儘管如此，該公司的淨收入仍保持增長，本季度達到1750萬加元，較上一年的1675萬加元增長了4％。
Sequentially, Delta's net revenue surged by 40% from CAD 12.5 million in the preceding quarter, ending March 31, 2022.
達美航空的淨收入連續從截至2022年3月31日的上一季度的1,250萬加元激增了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首席執行官John Arbuthnot表示：“在我們的戰略計劃的推動下，我們的第二季度業績顯示出強勁增長，利潤率有所提高。”“我們正在抓住增長機會，在全國範圍內擴大零售門店，並進入新市場。我們穩健的資產負債表允許在7月份進行1180萬美元的可轉換債務回購。這爲有機增長和戰略併購活動提供了支持。”
Profit Margin And EBITDA Performance
利潤率和息稅折舊攤銷前利潤表現
- 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年第二季度的毛利爲460萬加元，與去年同期的490萬加元相比下降了6％。因此，毛利率略有下降。
- Delta 92022年第二季度調整後的息稅折舊攤銷前利潤顯示虧損（40萬美元），與去年同期公佈的120萬加元的正調整後息稅折舊攤銷前利潤有所不同。
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是達成交易的地方，將於9月27日至28日重返芝加哥參加第17屆會議。在價格上漲之前立即獲取門票，並在大麻投資和品牌的中心佔有一席之地。
Photo: wal_172619 via Pixabay.
照片：wal_172619 來自 Pixabay。