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Slang Worldwide Inc (SLNG)

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0.0050 -0.0100    -66.67%
16:01:29 - Closed. Currency in CAD
  • Volume: 200,000
  • Bid/Ask: 0.0100 / 0.0150
  • Day's Range: 0.0050 - 0.0050
Type:  Equity
Market:  Canada
Slang Worldwide 0.0050 -0.0100 -66.67%

SLNG Financial Summary

 
A brief financial summary of Slang Worldwide Inc as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

SLANG Worldwide Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was CAD 6.28 million compared to CAD 8.44 million a year ago. Net loss was CAD 11.56 million compared to CAD 4.58 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to CAD 0.02 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to CAD 0.02 a year ago.For the six months, revenue was CAD 13.31 million compared to CAD 19.26 million a year ago. Net loss was CAD 17.7 million compared to CAD 6.91 million a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to CAD 0.04 a year ago. Diluted loss per share from continuing operations was CAD 0.08 compared to CAD 0.04 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

SLNG Income Statement

Gross margin TTM 48.72%
Operating margin TTM -30.86%
Net Profit margin TTM -102.21%
Return on Investment TTM 0%
 Total Revenue  Net Income
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Revenue 6.23 7 7.34 8.93
Gross Profit 2.64 3.33 3.72 4.68
Operating Income -2.83 -2.08 -2.91 -1.28
Net Income -11.56 -6.14 -9 -5.11

SLNG Balance Sheet

Quick Ratio MRQ 0.11
Current Ratio MRQ 0.37
LT Debt to Equity MRQ 0%
Total Debt to Equity MRQ -173.95%
 Total Assets  Total Liabilities
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Assets 22.82 30.75 33.2 39.64
Total Liabilities 44.55 41.03 37.58 34.61
Total Equity -21.74 -10.28 -4.38 5.03

SLNG Cash Flow Statement

Cash Flow/Share TTM -0.02
Revenue/Share TTM 0.13
Operating Cash Flow  -2.56%
 Cash  Net Change in Cash
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -0.982 -0.482 -2.88 0.75
Cash From Investing Activities 0.016 -0.017 0.609 0.203
Cash From Financing Activities -0.701 -0.359 0.647 -0.364
Net Change in Cash -1.57 -0.713 -1.79 0.753
* In Millions of CAD (except for per share items)
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SLNG Comments

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Seby Ca
Seby Ca Nov 26, 2019 9:46
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why the stock is going down. I was thinking that it was a great release
Ben Bo
Ben Bo Nov 08, 2019 14:22
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what is going on with this stock lol
NAM AUR
NAM AUR Sep 23, 2019 11:24
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Bruce linton garbage’s choice
Paulo Codeco
Paulo Codeco Mar 28, 2019 19:23
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Damn with all these suppliers getting in on first movers big chain partnerships ie: Curaleaf and CVS, Walgreens and ?????: I'M d go for gold and strike a deal with 7eleven who has a network footprint of over 250000 stores and let all the other chains start begging to carry my products,,,,,,,. Let's go Peter Miller you said you wanted to be the Coca Cola of cannabis,,,, well here's your chance,,,,... Move like a ninja the art of shadow boxing!!!!!!
Paulo Codeco
Paulo Codeco Mar 13, 2019 6:30
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it be nice to see Peter Miller enter into a few new partnership agreements like MedMen and Choom. I feel that you limit your potential when offering exclusive rights to your products in particular state ie: Florida for the sole reason that the Florida's cannabis market isn't dominated by your partner Trulieve. You need to flood the market and conquer like the Juul!!!!
 
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