HEXO Corp (HEXO)

[maxmax47]

Just amazing!!! Key Operating Highlights

-- Gross Revenue increased 30% to $30.9M from $23.8M in Q2

-- Net Revenue increased 30% to $22.1M from $17.0M in Q2

-- Adult-use grams and gram equivalents sold increased 42% to 9,338 kg compared to Q2

-- Gross Margins increased to 40%

-- Operating expenses decreased to $26.8M

-- Closed $46M public offering to enhance liquidity

-- Adjusted EBITDA improved to ($4.3M) from ($8.5) in Q2; tracking towards positive adjusted EBITDA in the first half of fiscal 2021

-- Announced expanded partnership with Molson Coors to explore US CBD market in Colorado