Blum Holdings Inc (BLMH)

[BriarPatch]

a little reminder

Cliff Notes for '17 Q2 CC
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140539026

Cliff Notes for '17 Q3 CC
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140539250

Cliff Notes for 2017 Annual Report CC (never quite finished)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140536932

Transcript of the Annual Report CC
https://www.sec.gov/Archives/edgar/data/1451512/000147793218001372/trtc_ex992.htm

Cliff Notes for '18 Q1 (in process)

26.2% increase in revenue y/y

cannabis sales increased over 24.2%

edible garden sales increased 40%

gross profit margins increased 358.8%

stockholders equity increased to 85.7 million

no short term debt


Cliff Notes for '18 Q2 (in process)

1) we generated revenues of $8.72 million, compared to $7.84 for the three months ended June 30, 2017, an increase of $880,000 or 11.2%

2) Our gross profits for the three months ended June 30, 2018 was $2.21 million compared to a gross profit of $1.51 million for the three months ended June 30, 2017, an increase of approximately $700,000. A gross profit margin percentage for the three months ended June 30, 2018 was $25.3 million, compared to $19.2 million for the three months ended June 30, 2017.

3) Selling, general and administrative expenses for three months ended June 30, 2018 were $8 million, compared to $6.03 million for the three months ended June 30, 2017, an increase of $1.97 million or 32.7%.

4) We realized an operating loss of $5.79 million for the three months ended June 30, 2018, compared to an operating loss of $4.52 million for the three months ended June 30, 2017, an increase of approximately $1.27 million or 28.1%.

5) On June 30, 2018, we had a cash balance of approximately $5.2 million, compared to a cash balance of approximately $5.4 million at December 31, 2017.

6) We had no short-term debt as of June 30, 2018.

7) Long-term debt increased from approximately $6.6 million to approximately $12.8 million during the three months ended June 30, 2018.

8) Stockholders’ equity for the second quarter 2018 amounted to approximately $91 million, compared to $76.8 million as of December 31, 2017.

9) As of August 9, 2018, the company received $15 million under its $40 million line of credit commitment.


business is blüming!!!