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home / news releases / HBORF - Harborside reports Q3 results


HBORF - Harborside reports Q3 results

Harborside (HBORF): Q3 Adjusted EBITDA of C$4.5M vs. -C$0.9M year ago.Revenue of C$19.57M (+42.8% Y/Y).The company expects Q4 2020 gross revenues to follow a more historically typical seasonal pattern, with lower flower production and wholesale revenues, resulting in total combined gross revenues of C$11M-C$12.5M, with EBITDA close to breakeven.  For FY2020, the company expects gross revenues in the range of ~C$61M-C$63M, with Adjusted EBITDA in the range of 8%–10% of revenues.Press Release

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Harborside reports Q3 results
Stock Information

Company Name: Harborside Inc
Stock Symbol: HBORF
Market: OTC

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