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For the three months ended 31 May 2020, VenturaCannabis and Wellness Corp revenues decreased 71% toC$1.3M. Net loss increased 6% to C$869K. Revenues reflectAddiction treatment decrease of 81% to C$826K. Higher netloss reflects Bad debt expense increase from C$0K to C$492K(expense), Facilities increase from C$109K (income) toC$29K (expense). Basic Earnings per Share excludingExtraordinary Items remained flat at -C$0.02.
Period Ending: | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 |
---|---|---|---|---|
Total Revenue | 1.26 | 2.56 | 3.29 | 4 |
Gross Profit | 0.41 | 3.38 | 1.12 | 1.28 |
Operating Income | -0.16 | 0.54 | -0.97 | -0.44 |
Net Income | -0.87 | 0.5 | -1.25 | -0.76 |
Period Ending: | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 |
---|---|---|---|---|
Total Assets | 14.57 | 16.15 | 19.18 | 20.52 |
Total Liabilities | 6.83 | 7.89 | 11.85 | 12.23 |
Total Equity | 7.74 | 8.25 | 7.34 | 8.29 |
Period Ending: | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -1.24 | -1.19 | 0.54 | 0.11 |
Cash From Investing Activities | -0.13 | 2.52 | -1.63 | -1.29 |
Cash From Financing Activities | -0.14 | -2.23 | 0.93 | 0.94 |
Net Change in Cash | -1.21 | -1.07 | -0.55 | -0.51 |
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