Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / nova cannabis reports q1 results

NVACF - Nova Cannabis reports Q1 results

YSS
Nova Cannabis press release (OTCQB:NVACF): Q1 recorded a net loss of C$3.5 million compared to a C$2.2 million net loss in the first quarter of 2021. Revenue of C$49.8M (+170.7% Y/Y). Gross margin of C$9.4 million, or 19% of sales, a 95% increase from the first quarter of 2021 and an improvement as a percentage of sales from 18% for the fourth quarter of 2021. Nova now has 80 stores open, an increase of six stores since January 1, 2022. Cash of C$4.9 million as at March 31, 2022.

For further details see:

Nova Cannabis reports Q1 results
Stock Information
Company Name: YSS
Stock Symbol: NVACF
Market: OTC
Website: novacannabisstore.com
Menu
NVACF NVACF Quote NVACF Short NVACF News NVACF Articles NVACF Message Board
Get NVACF Alerts

News, Short Squeeze, Breakout and More Instantly...