Sector: Healthcare | Industry: Pharmaceuticals |
Company Contact | |
Address: | 19100 Airport Way, Unit 518 PITT MEADOWS BC V3Y 0E2 |
Tel: | N/A |
Website: | https://bzam.com |
IR: | See website |
Key People | ||
Bassam Youssef Ahmad Alghanim Chairman of the Board | Matt Milich Chief Executive Officer | Sean P. Bovingdon Chief Financial Officer, Director | Jordan Winnett Chief Commercial Officer |
Business Overview |
BZAM Ltd. is a Canadian cannabis producer with a focus on branded consumer goods. The Company's portfolio includes core brands, such as BZAM, TGOD, ness, Highly Dutch Organic, TABLE TOP, as well as partner brands Jeeter, Cookies, Sherbinskis, Dunn Cannabis, FRESH and Wyld. It operates facilities in British Columbia (BC), Alberta (AB), Ontario and Quebec, as well as retail stores in Regina, Saskatchewan. The Company's subsidiaries, The Green Organic Dutchman Ltd. (TGOD), BZAM Management Inc., Folium Life Science Inc. and BZAM Cannabis Corp., are licensed producers and hold licenses to produce cannabis plants, cannabis plant seeds, dried cannabis, fresh cannabis, cannabis oils, cannabis topicals, cannabis extracts and edible cannabis and sell such cannabis products within Canada to provincially authorized retailers or distributors and federally licensed entities. Its product portfolio includes categories, such as Infused, Multi-packs, Edibles, Organic, and Craft. |
Financial Overview |
For the nine months ended 30 September 2023, BZAM Ltd revenues increased from C$32.1M to C$64.4M. Net loss before extraordinary items increased from C$26.7M to C$97.2M. Revenues reflect Revenue increase from C$44M to C$94.5M. Higher net loss reflects Impairment charge for non-financial asse increase from C$6.2M to C$61.8M (expense), General and administrative expenses increase of 79% to C$23.3M (expense). |
Employees: | 322 as of Dec 31, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $42.75M as of Sep 30, 2023 |
Annual revenue (TTM): | $81.65M as of Sep 30, 2023 |
EBITDA (TTM): | -$37.17M as of Sep 30, 2023 |
Net annual income (TTM): | -$105.54M as of Sep 30, 2023 |
Free cash flow (TTM): | -$8.97M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $45.18M as of Sep 30, 2023 |
Shares outstanding: | 180,818,952 as of Dec 6, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |