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Aleafia Health Inc. (V:ALEF)

Business Focus: Alternative Medicine Facilities

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Sector:  Healthcare Industry:  Healthcare Facilities & Services
See Regulatory Filings on SEDAR
Company Contact
Address: 8810 Jane St 2nd Floor
Tel: N/A
IR: See website
Key People
Julian Fantino
Chairman of the Board
Geoffrey Benic
Chief Executive Officer
Benjamin Ferdinand
Chief Financial Officer, Corporate Secretary
Keith White
President of Clinic Operations
Trevor J. Newell
Chief Marketing and Technology Officer
Nicholas Bergamini
Vice President - Public Affairs
Business Overview
Aleafia Health Inc is a Canada-based vertically integrated, national cannabis company with medical clinic, cannabis cultivation and Research and Development (R&D ) operations. The Company operates a number of medical cannabis clinics staffed by physicians and nurse practitioners. The Company is differentiated, maintaining the medical cannabis dataset in the world with intellectual property holdings and current R&D operations.
Financial Overview
For the six months ended 30 June 2019, Aleafia Health Inc revenues increased from C$1.2M to C$5.4M. Net loss increased from C$3.2M to C$31.7M. Revenues reflect Sale of Cannabis increase from C$0K to C$2.5M, Consultation services increase from C$585K to C$1.4M, Net revenue increase from C$0K to C$531K. Higher net loss reflects Share-based payments increase from C$615K to C$12.2M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $270.02M as of Jun 30, 2019
Annual revenue (TTM): $7.36M as of Jun 30, 2019
EBITDA (TTM): -$45.15M as of Jun 30, 2019
Net annual income (TTM): -$47.06M as of Jun 30, 2019
Free cash flow (TTM): -$47.89M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 274,755,719 as of Jun 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization