Sector: Industrials | Industry: Business Support Services |
Company Contact | |
Address: | 1910 - 1030 W. Georgia Street, Null Vancouver BC V6E 2Y3 |
Tel: | N/A |
Website: | https://newleafventuresinc.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
New Leaf Ventures Inc. is a Canada-based cannabis company. The Company is developing a cannabis sector-based scalable concept of focused financing and applied management. The Company's flagship enterprise is New Leaf USA and its subsidiaries, which provide licenses, real property, intellectual property and equipment for lease, certain administrative services and other ancillary services to a Washington-based producer for the processing, packaging and distribution of cannabis and cannabis related products. The Company has a facility in Seattle, Washington. |
Financial Overview |
For the nine months ended 30 September 2023, New Leaf Ventures Inc revenues decreased 31% to C$1.2M. Net loss totaled C$2.2M vs. income of C$463K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Support Service segment loss totaling C$729K vs. income of C$45K. Basic Earnings per Share excluding Extraordinary Items decreased from C$0.04 to -C$0.09. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.07M as of Sep 30, 2023 |
Annual revenue (TTM): | $1.44M as of Sep 30, 2023 |
EBITDA (TTM): | -$5.01M as of Sep 30, 2023 |
Net annual income (TTM): | -$6.19M as of Sep 30, 2023 |
Free cash flow (TTM): | -$0.69M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $3.95M as of Sep 30, 2023 |
Shares outstanding: | 29,801,049 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |