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Canadian Cannabis Producer Reports YoY Revenue Spike In Q2, Earnings Show Stable Growth As Demand Grows
Thursday, August 17, 2023 - 2:44pm | 638We're halfway through the earnings season with some of the big players in the cannabis industry run by top executives and entrepreneurs who are slated to appear at Benzinga's fall event in Chicago are already showing their cards. Next up is a major Canadian player, Decibel...
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Decibel Cannabis Achieves Record Revenue Of $20M In Q1, What About Profit?
Tuesday, May 30, 2023 - 8:26am | 451Decibel Cannabis Company Inc. (OTCQB: DBCCF) (TSXV:DB) released its interim financial results for the three month period ending March 31, 2023, revealing record net revenue was CA$27.1 million ($20 million) in the first quarter of 2023, with sequential growth of 5% over the prior quarter, despite...
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Decibel FY22 Revenue Grows 51% To $58.5M, What About Net Loss?
Monday, April 24, 2023 - 8:31am | 492Decibel Cannabis Company Inc. (OTCQB: DBCCF) (TSXV:DB) achieved record net revenue of CA$79.3 million ($58.5 million) in 2022, an increase of 51% compared to CA$52.5 million in 2021. Fiscal Year 2022 Financial Highlights Gross profit was CA$26.4 million compared to CA$28.2 million in 2021....
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Decibel Preliminary Q2 2022 Outlook Shows Net Revenue And Adjusted EBITDA Growth
Wednesday, July 13, 2022 - 8:51am | 525Decibel Cannabis Company Inc. (OTCQB: DBCCF) (TSX-V:DB) provided a preliminary outlook for net revenue and Adjusted EBITDA for the second quarter, ending June 31, 2022. Q2 2022 Outlook Demonstrated positive cash flow from operations in first two quarters of 2022 Anticipated adjusted EBITDA of $...
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Decibel Reports Q1 Record Net Revenue And Adjusted EBITDA, Here Are The Details
Wednesday, May 25, 2022 - 9:41am | 740Decibel Cannabis Company Inc. (OTCQB: DBCCF) (TSXV:DB) released its first quarter financial results for the three month period ending March 31, 2022, revealing revenue of CA$16.7 million ($13.01 million) with strong growth of 19% over Q4 2021 and 32% over Q1 2021. Q1 2022 Financial Highlights...
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Decibel's Net Revenue Grew 75% To $52M In 2021, Six Consecutive Quarters Of Positive Adjusted EBITDA
Friday, April 22, 2022 - 9:52am | 637Decibel Cannabis Company Inc. (OTCQB: DBCCF) (TSXV:DB) released its year-end audited financial results for the three and twelve month periods ending December 31, 2021. Key Financial Highlights – Fiscal Year 2021 Net revenue of $52 million in 2021, an increase of 75% from 2020. Gross...
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Decibel Reports Strong YoY Revenue Growth In Q3, Plans To Launch 40 New Product SKUs
Thursday, November 18, 2021 - 10:48am | 756Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) posted its third-quarter financial results Thursday, revealing a 76% year-over-year increase in net revenue, which totaled $13.4 million. The Calgary-based company ended the quarter as the 9th largest LP by Canadian recreational market...