Decibel Announces Record First Quarter Results, With Sequential Strong Net Revenue Growth and Adjusted EBITDA of $2MM
News provided by
Share this article
Share this article
CALGARY, AB, May 27, 2021 /PRNewswire/ - Decibel Cannabis Company Inc. (the Company or Decibel ) (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce its first quarter financial results for the three month period ending March 31, 2021.
Record Market Share Across BC, AB, SK, ON in Q1 2021
1,2:
#1 brand in concentrate sales with a 21.9% market share
#3 brand in vape sales with a 10.0% market share These exceptional first quarter results are a testament to the strength of our brands, industry-leading product quality and ability to develop and execute an innovative product portfolio that meets the needs of today s cannabis consumer , said Cody Church, Interim CEO of Decibel. Despite significant industry headwinds in the quarter, we delivered on our commitment of sustainable an
EIMSKIP: Operating results for Q1 2021
May 11, 2021 11:31 ET | Source: Eimskipafelag Islands hf. Eimskipafelag Islands hf.
HIGHLIGHTS OF Q1 RESULTS
Overall good performance in Q1 with increased profitability in container liner and positive results for the forwarding segments despite challenging environment which is colored by disruption in the global shipping markets affecting capacity and availability of equipment.
Revenues amounted to EUR 180.2 million, an increase of EUR 18.6 million or 11.5% when compared with Q1 2020.
Positive contribution from revenue management program and substantial 3
rd party rate increases in global markets drove up forwarding revenues as well.
Total expenses amounted to EUR 163.9 million, an increase of EUR 11.6 million or 7.6%.