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AgraFlora Organics International Inc. (C:AGRA)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
See Regulatory Filings on SEDAR
Company Contact
Address: 804-750 Pender St W
Tel: N/A
IR: See website
Key People
Derek Lloyd Henry Ivany
President, Chief Executive Officer, Director
Christopher P. Cherry
Chief Financial Officer
Brandon Boddy
Corporate Secretary
Business Overview
AgraFlora Organics International Inc. is a Canada-based diversified company focused on the international cannabis industry. The Company's Canadian assets include: Edibles & Infusions, which is an automated manufacturing facility in Winnipeg Manitoba (MB); Propagation Services Canada, which is a commercial greenhouse in Delta British Columbia (BC), and AAA Heidelberg, which is a craft focused cannabis producer in London Ontario (ON). The Company's brands include Canutra Naturals, HowlBrands, Whole Hemp Health, Eurasia Infused, True Focus and Potluck. Its wholly owned subsidiary Farmako GmbH has distribution operations in Germany.
Financial Overview
For the six months ended 30 June 2020, Agraflora Organics International Inc revenues increased from C$0K to C$822K. Net loss decreased 15% to C$16.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Consulting and management decrease of 52% to C$4M (expense), Share-based compensation decrease of 61% to C$2.6M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $55.11M as of Jun 30, 2020
Annual revenue (TTM): $0.83M as of Jun 30, 2020
EBITDA (TTM): -$48.39M as of Jun 30, 2020
Net annual income (TTM): -$98.08M as of Jun 30, 2020
Free cash flow (TTM): -$20.25M as of Jun 30, 2020
Net Debt Last Fiscal Year: $37.35M as of Jun 30, 2020
Shares outstanding: 1,393,873,765 as of Jun 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization