IM Cannabis Reports Record Q1 2021 Results
ACCESSWIRE
Q1 2021 revenues of $8.8 million, an 80% sequential increase from Q4 2020 with
Gross margin of 53%
Strong sequential growth expected to continue with focus on further expanding premium product portfolio in Israel, contracted shipments into German market and inclusion of full quarter of Canadian sales following successful integration of Trichome
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE /
May
Company ) (CSE:IMCC, NASDAQ:IMCC), a multi-country operator (
MCO ) in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce its unaudited financial results for the first quarter ended March 31, 2021. All figures are expressed in Canadian dollars unless otherwise indicated.
Q1 2021 revenues of $8.8 million, an 80% sequential increase from Q4 2020 with Gross margin of 53% Strong sequential growth expected to continue with focus on further expanding premium product portfolio
StageZero Life Sciences Announces Q1 2021 Financial Results and Operational Update
ACCESSWIRE
Q1
Revenue of $2.5 Million
TORONTO, ON / ACCESSWIRE / May 17, 2021 / StageZero Life Sciences, Ltd. (TSX:SZLS) ( StageZero or the Company ), a specialist in PCR testing dedicated to the early detection of multiple diseases through whole blood, today announced its first-quarter financial results for the three months ended March 31, 2021, and provided an update on its business progress.
The Company generated $2.5M in revenue from COVID testing for the quarter. Net loss for the quarter totaled $7.3M. To reflect the operations of the Company more clearly, management has prepared an analysis of EBITDA and Adjusted EBITDA in the MD&A. As disclosed in the MD&A, the adjusted EBITDA for the quarter was $193,000. As at March 31, 2021, the Company had $6.4 million in cash.
Tantalus Systems Holding Inc. Reports Strong Financial Results for Q1 2021
Burnaby, British Columbia (Newsfile Corp. - May 17, 2021) - Smart grid technology leader Tantalus Systems Holding Inc. (TSX: GRID) ( Tantalus or the Company ) today announced the financial results for the first quarter, ended March 31, 2021. We witnessed favorable trends throughout Q1 as the utility industry continues to recover from disruptions resulting from the COVID-19 pandemic. The favorable trends translated into strong financial results for Q1 including revenue growth of 11% year-over-year and another quarter of positive Adjusted EBITDA, said Peter Londa, President & CEO of Tantalus. While regions across our geographic focus continue to be impacted by the COVID-19 pandemic, we are becoming increasingly optimistic regarding a broad recovery across our sector, particularly given the Biden Administration s commitment to decarbonize the power grid. Biden s robust initiative to modernize the power i
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