New Leaf Ventures Inc. (C:NLV*CA)

Business Focus: Business Support Services (NEC)

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
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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

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