Sector: Healthcare | Industry: Pharmaceuticals |
Company Contact | |
Address: | 750 - 1095 West Pender Street VANCOUVER BC V6E 2M6 |
Tel: | 1-800-3616312 |
Website: | https://bodyandmind.com/about |
IR: | See website |
Key People | ||
Michael Mills President, Chief Executive Officer, Director | Dong Hyun Shim Chief Financial Officer | Stephen Hoffman Chief Operating Officer, Corporate Secretary, Director |
Business Overview |
Body and Mind Inc. is a Canada-based operations-focused cannabis company with active retail operations in Arkansas, Illinois and California, pending retail operations in New Jersey, and craft cultivation operations in Arkansas. The Company's segments include Wholesale, Retail and All others. The Company's products include flowers, pre rolls and hemp blunts, concentrates, carts and vapes, and edibles. Its featured products include Krispy Bites, Pretzel Bites and Chocolate Bites. It manages and operates a BaM Body and Mind branded dispensary. It owns and operates The Reef by Body and Mind retail dispensary in the limited license jurisdiction of Seaside, California. The Company's subsidiary is DEP Nevada Inc. |
Financial Overview |
For the six months ended 31 January 2024, Body and Mind Inc revenues decreased 19% to $9.9M. Net loss before extraordinary items increased 2% to $5.4M. Revenues reflect Retail segment decrease from $12.9M to $0K. Higher net loss reflects Interest Expense increase from $806K to $2.1M (expense), Licenses, utilities and office administr increase of 3% to $2.2M (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.04. |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $26.91M as of Jan 31, 2024 |
Annual revenue (TTM): | $27.94M as of Jan 31, 2024 |
EBITDA (TTM): | -$7.29M as of Jan 31, 2024 |
Net annual income (TTM): | -$28.54M as of Jan 31, 2024 |
Free cash flow (TTM): | -$4.69M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | $5.27M as of Jan 31, 2024 |
Shares outstanding: | 147,686,393 as of Mar 25, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |