AI
Thursday, January 07, 2021 11:09:26 AM
1st qtr 2021
Net revenue remained strong at 48% (good)
EBITDA loss, incl early term, is $10.5M (much better)
Company's goal is to achieve positive Adjusted EBITDA in Q2 2021. (great)
Cash balance approx $250M (good)
Aurora has a real chance to redeem its image. As in most large cap MJ companies recently, there has been a real issue of cash burn, dilution, substantial running losses, asset sales and closures, etc. This certainly was not unique to any one company.
Perhaps the time to buy ACB "on the cheap" has passed, generally speaking. When the share price was really beatup. If a newbie can wait until the 2nd qtr financial release, you could see an nice pop approaching $15.00 US.
Net revenue remained strong at 48% (good)
EBITDA loss, incl early term, is $10.5M (much better)
Company's goal is to achieve positive Adjusted EBITDA in Q2 2021. (great)
Cash balance approx $250M (good)
Aurora has a real chance to redeem its image. As in most large cap MJ companies recently, there has been a real issue of cash burn, dilution, substantial running losses, asset sales and closures, etc. This certainly was not unique to any one company.
Perhaps the time to buy ACB "on the cheap" has passed, generally speaking. When the share price was really beatup. If a newbie can wait until the 2nd qtr financial release, you could see an nice pop approaching $15.00 US.
