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CanadaBis Capital, With Sub Stigma Grow, Fiscal Q2 2024 Net Revs Down On Prior Quarter; CANB Down Near 40%, Hit Fresh 52 Week Lows; Separately Confirms No Material Change
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CanadaBis Capital, With Sub Stigma Grow, Fiscal Q2 2024 Net Revs Down On Prior Quarter; CANB Down Near 40%, Hit Fresh 52 Week Lows; Separately Confirms No Material Change
Apr 1, 2024 12:24 PM

03:02 PM EDT, 04/01/2024 (MT Newswires) -- CanadaBis Capital Inc. ( CNADF ) , a vertically integrated Canadian cannabis company, was at last look down near 40% and had touched fresh 52 week lows after announcing Monday results from their second quarter fiscal 2024. Separately, CanadaBis confirmed that management is unaware of any material change in the company's operations that would account for the recent increase in market activity.

For the three months ended January 31, 2024, it reported net revenues of $4,308,764, and gross revenue of $7,071,336 and nil per share (basic and diluted) and Adjusted EBITDA of $564,609.

In contrast, for the three months ended October 31 it had net revenues of $5,743,391, gross revenue of $9,004,793 and per share (basic and diluted) of $0.01, and Adjusted EBITDA of $1,120,920.

Price: 0.11, Change: -0.11, Percent Change: -50.00

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