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Re: Bonno post# 603

Thursday, 06/24/2021 11:34:28 AM

Thursday, June 24, 2021 11:34:28 AM

Post# of 625
HEXO Burn Rate - 20 Mil /w 196 Mil / Projected Sales
The CEO noted in the earnings report out that, on the day of the report out, they were sitting on $196 Million Cash.  The report showed a QTR burn rate of $20 million

196 / 20 = 9.8 QTRs of cash 

9.8 QTRs x 3 months per QTR = 29.4 Months

29.4 Months / 12 months per year = 2.45 Years

What do we know will be happening within 2.45 Years  ??

- Zenabis Sales will be appearing on the QTR reports
- 48 North Sales will be appearing on the QTR reports
- Redecan Sales will be appearing on the QTR reports

How much did each of the companys' report on their last QTR reports ?

- Zenabis $16 Million
- 48 North $5.5 Million
- Redecan $58 Million

- HEXO had reported $45 Million on the report prior to the current one however most recent QTR report was $33 Million.  HEXO is working to correct the earnings miss for future QTR reports.

16 + 5.5 + 58 + 33 = 112.5 Million in QTR sales once all the companies are consolidated under HEXO

112.5 per QTR x 4 to get annual sales figures = $450 Million / Just shy of half a Billion in sales per year in sales

https://stockhouse.com/companies/bullboard/t.hexo/hexo-corp?postid=33431534

 nice work if you bought datdip

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