Halo Labs Inc. (E:HALO*CA)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 504 - 100 Park Royal
WEST VANCOUVER BC V7T 1A2
Tel: N/A
Website: N/A
IR: N/A
<
Key People
Rick Gordon
Chief Executive Officer
Andreas Met
Chief Operating Officer, Chief Compliance Officer, Director
Valery Krasnoperov
Chief Scientific Officer and Founding Member
Business Overview
Halo Labs Inc is a Canada-based cannabis company. The Company is engaged in cannabis cultivation, manufacturing and distribution. The Company grows, extracts and processes cannabis flower, oils and concentrates. It markets branded and private label products across multiple product categories. The Company operates in the United States in California, Oregon, and Nevada. It operates in Lesotho within approximately 200-hectare cultivation zone through its subsidiary, Bophelo Bioscience & Wellness (PTY) Ltd. Bophelo Bioscience & Wellness (PTY) Ltd is engaged in production and export of medicinal cannabis products. The Company also has cannabis processing and distribution facilities in Ukiah, California.
Financial Overview
For the nine months ended 30 September 2020, HaloLabs Inc revenues decreased 35% to $16.5M. Net lossapplicable to common stockholders increased 39% to $18M.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Higher net loss reflects Professional Fees increase of 44%to $5.7M (expense), Sales and marketing increase of 33% to$2.6M (expense).
Employees: 120 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $64.10M as of Sep 30, 2020
Annual revenue (TTM): $24.60M as of Sep 30, 2020
EBITDA (TTM): -$29.69M as of Sep 30, 2020
Net annual income (TTM): -$41.76M as of Sep 30, 2020
Free cash flow (TTM): -$8.79M as of Sep 30, 2020
Net Debt Last Fiscal Year: $19.67M as of Sep 30, 2020
Shares outstanding: 979,942,984 as of Nov 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please subscribe. Our packages start at $1.00 plus tax for the first month.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.