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Delta 9 Cannabis Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 16.49 million compared to CAD 16.9 million a year ago. Net loss was CAD 5.07 million compared to CAD 2.99 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.02 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to CAD 0.02 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 16.49 | 17.47 | 18.44 | 18.25 |
Gross Profit | 1.74 | 2.72 | 3.63 | |
Operating Income | -2.96 | -4.3 | -4.48 | -3.5 |
Net Income | -5.07 | -6.23 | -5.48 | -2.82 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 70.23 | 74.09 | 80.45 | 85.88 |
Total Liabilities | 80.51 | 81.06 | 82.78 | |
Total Equity | -9.96 | -6.43 | -0.606 | 3.1 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -0.086 | 1.54 | 0.683 | 2.09 |
Cash From Investing Activities | -0.011 | -0.015 | -0.059 | -0.012 |
Cash From Financing Activities | -0.792 | -1.81 | -1.15 | -0.855 |
Net Change in Cash | -0.284 | -0.522 | 1.22 |
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