VFF - Sundial Growers Doubles Revenue With Spiritleaf Acquisition And Reports Positive EBITDA For Q4-2021
- Q4-2021 adjusted EBITDA of CA$18.4 million shows a marked improvement.
- Q4-2021 revenue of CA$22.7 million, a 64% increase YoY, including CA$10 million from Spiritleaf.
- Sundial Growers' stock price has been on a 1-year downtrend (-41%) and is down YTD (-9%).
- Sundial Growers considers a reverse stock split, if its stock price does not stabilize at or above $1 by Q3-2022.
- I rate Sundial Growers as a hold for now and recommend that investors continue to watch the company.
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Sundial Growers Doubles Revenue With Spiritleaf Acquisition And Reports Positive EBITDA For Q4-2021