Affinor Growers Inc. (C:AFI)
Business Focus: Agricultural Biotechnology
| Sector: Consumer Non-Cyclicals | Industry: Fishing & Farming |
| Company Contact | |
| Address: | 4th Floor, 595 Howe St. VANCOUVER BC V6C 2T5 |
| Tel: | N/A |
| Website: | https://www.affinorgrowers.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Affinor Growers Inc. is a Canada-based vertical farming technology company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including greenhouse, growing towers, automation and cultivation processes. It has designed and developed the vertical farming tower for soil-based growing for strawberry production. The Company has vertically integrated growing systems that can offer automated mechanical pollination for fruiting crops and vertical solutions for the vertical farming industry. It is growing strawberries at four levels in a 15,000 square foot leased greenhouse in Abbotsford British Columbia. The rotating towers have been specifically designed to increase plant density and overall production within a greenhouse, an indoor growing operation and outdoors. It has also developed and patented its own growing towers in Canada, the United States, Colombia and Aruba. |
| Financial Overview |
| For the six months ended 30 November 2023, Affinor Growers Inc revenues was not reported. Net loss increased 76% to C$459K. Higher net loss reflects vertical farming technology company segment loss increase of 71% to C$447K. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.02. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $4.18M as of Nov 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
| EBITDA (TTM): | -$0.61M as of Nov 30, 2023 |
| Net annual income (TTM): | -$0.87M as of Nov 30, 2023 |
| Free cash flow (TTM): | -$0.29M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | $0.97M as of Nov 30, 2023 |
| Shares outstanding: | 35,926,026 as of Mar 22, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
