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Aleafia Health FY23 Net Revenue Stagnates, What About Profit?
Wednesday, June 14, 2023 - 10:45am | 448Aleafia Health Inc. (OTCQB: ALEAF) (TSX:AH) released its audited financial results for the three and twelve months ended March 31, 2023, revealing net revenue of CA$42.8 million ($32.2 million), a decrease of 0.6% compared to CA$43.1 million in FY 2022. FY 2023 Financial Highlights Gross profit...
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Aleafia Health Q3 Net Revenue Grows 23% YoY, Lays Off 20% Of Employees
Monday, February 13, 2023 - 10:01am | 564Aleafia Health Inc. (OTCQB: ALEAF) (TSX:AH) released its financial results for the three months ended December 31, 2022, revealing net revenue of CA$10.8 million ($8 million), a 23% increase compared to CA$8.8 million in the Q3 2022. Q3 2023 Financial Highlights Gross loss was CA$13.3 million,...
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Aleafia Health Broadens Its International Reach With A New European Cannabis Distribution Partner
Monday, January 30, 2023 - 9:42am | 367Aleafia Health Inc. (OTCQB: ALEAF) (TSX:AH) has signed a new European cannabis distribution partner, representing a one-year, approximately $1 million contract, bolstering the company’s record $1.2 million year-to-date sales in its growing international channel. “This new announcement...
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Aleafia Health Shares Trading Higher On Hitting Positive Adjusted EBITDA In Q2 2023
Wednesday, November 9, 2022 - 12:09pm | 497Aleafia Health Inc. (OTCQB: ALEAF) (TSX:AH) Q2 2023 net revenue was CA$10.6 million ($7.9 million), a 10.4% increase compared to CA$9.6 million in the prior year. Q2 2023 Financial Highlights Adjusted EBITDA was CA$83,000, compared to a loss of CA$8.9 million in Q2 2022. Gross profit was CA$15....
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Aleafia Health Q1 2023 Revenue Grows 41% YoY, What About Profit?
Thursday, August 11, 2022 - 8:59am | 510Aleafia Health Inc. (OTCQX: ALEAF) (TSX:AH) revenue in Q1 2023 was $16.5 million, a 41% increase compared to $11.65 million in Q1 2022. Q1 2023 Financial Highlights Total gross profit 22%, compared to 43% in Q1 2022. Adjusted EBITDA was a loss of $938,000, compared to loss of $3.43 million in...
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Aleafia Health Hits Record $43.1M Net Revenue In 2022 15-Month Fiscal Year, Closes Debenture Amendment Transaction
Tuesday, June 28, 2022 - 11:02am | 726Aleafia Health Inc. (OTCQX: ALEAF) (TSX:AH) revenue for the 12 months period ending March 31, 2022 was $46.3 million compared to $30.08 million in the12 month period ending March 31, 2021. The fiscal year was changed to end on March 31. Financial Highlights For the 12 Months Ending March 31, 2022...
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Aleafia Health Reaffirms Revenue Guidance, Implements $6.7 Million In Annualized Cost Savings
Tuesday, April 5, 2022 - 8:43am | 441Aleafia Health Inc. (TSX:AH) (OTCQX: ALEAF) reaffirmed its guidance with an announcement that it expects to achieve between $53 million and $63 million in net revenue in the current fiscal year. The company also provided a corporate update of its ongoing cost containment initiatives. CFO...
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Aleafia Health Q4 Revenue Declines 42.1% QoQ To $8.8M, Reports Narrower Net Loss
Tuesday, February 15, 2022 - 8:20am | 625Aleafia Health Inc. (TSX:AH) (OTCQX: ALEAF) reported its financial results for the three and 12 months ended Dec, 31, reporting quarterly revenue of $8.8 million compared with $15.2 million in Q4 2020. "The core strategic objectives that will drive Aleafia Health to sustained...
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Aleafia Health Announces Q4 Results & Conference Call
Tuesday, February 8, 2022 - 9:40am | 186Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) will announce results from its three and 12-month periods ending December 31, 2021 on February 14, 2022. The Toronto-based company will also host its earnings conference call on February 15 at 9:30 a.m. EST. The call will be hosted by CEO Tricia Symmes...