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Affinor Growers Inc. (C:AFI)

Business Focus: Agricultural Biotechnology

Sector:  Consumer Non-Cyclicals Industry:  Fishing & Farming
 
See Regulatory Filings on SEDAR
Company Contact
Address: 595 Howe Street, 4th Floor
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 Canada-based vertical farming technology company offering solutions for both indoor controlled growing and the greenhouse agriculture industry.The Company is offering the plant density per square meter through the use of its patented vertical growing technology. By studying the physiological relationships between light and leaf area, light interception, temperature, humidity, and nutritional requirements, Affinor's Vertical Farming technology is designed to meet the needs plants require during their growth development in high density environments.
Financial Overview
For the nine months ended 28 February 2021, AffinorGrowers Inc revenues decreased from C$54K to C$0K. Net lossdecreased 33% to C$293K. Revenues reflect Tower salesdecrease from C$51K to C$0K, Licensing fees Productioncosts decrease from C$2K to C$0K. Lower net loss reflectsConsulting fees decrease from C$46K (expense) to C$0K,Accretion expense increase from C$25K (expense) to C$17K(income), Wages.
Reporting Currency: Canadian Dollars
Enterprise value: $7.82M as of Feb 28, 2021
Annual revenue (TTM): $0.00M as of Feb 28, 2021
EBITDA (TTM): -$0.32M as of Feb 28, 2021
Net annual income (TTM): -$0.47M as of Feb 28, 2021
Free cash flow (TTM): -$0.49M as of Feb 28, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 211,033,620 as of Mar 2, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization