InvestorsHub Logo

john1311

11/23/21 7:11 AM

#10930 RE: Man6677 #10928

Organigram Reports Fourth Quarter Fiscal 2021 Results


Nov. 23, 2021 6:00 AM ETOrganiGram Holdings Inc. (OGI)
Continued growth in net revenue and increased market share

Achieved a 7% share of market in the recreational cannabis market in Q4, up from 5.4% in Q3 2021, positioning Organigram (OGI) as the #4 licensed producer and the momentum continues with a 7.9% share of market as of October.1

24% growth in gross revenue to $36.2 million in Q4 2021 from Q3 2021 and 43% from the same prior-year period

22% growth in net revenue to $24.9 million in Q4 2021 from Q3 2021 and 22% from the same prior-year period

36% growth in recreational net revenue to $22.9 million in Q4 2021 from Q3 2021 and 52% from the same prior-year period

https://seekingalpha.com/pr/18573712-organigram-reports-fourth-quarter-fiscal-2021-results