CA - Goodfood GAAP EPS of -C$0.02 revenue of C$42.14M
2023-07-18 08:20:11 ET
- Goodfood press release ( OTCPK:GDDFF ): Q3 GAAP EPS of -C$0.02.
- Revenue of C$42.14M (-37.1% Y/Y).
- Record quarterly unadjusted gross margin of 41.0%, an improvement of 14.8% compared to the same quarter last year, with gross profit at $17.3 million compared to $17.6 million in the same quarter last year, a slight decrease despite net sales declining 37%
- Net loss for the quarter was $1 million, a $20 million improvement compared to the same quarter last year
- Record quarterly adjusted EBITDA margin of 7.8% for an adjusted EBITDA of $3 million this quarter, a $14 million improvement compared to the same quarter last year
- Cash flows from operations of $3 million for the quarter, an improvement of $17 million compared to the same quarter last year
For further details see:
Goodfood GAAP EPS of -C$0.02, revenue of C$42.14M