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BC Craft Supply Co. Ltd. (C:CRFT)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 810 - 789 West Pender Street
VANCOUVER BC V6C 1H2
Tel: N/A
Website: https://bccraftsupplyco.ca
IR: See website
Key People
Matthew Watters
Chief Executive Officer, Director
Anthony Laud
Chief Financial Officer
 
Business Overview
BC Craft Supply Co. Ltd. is a Canada-based diversified health, wellness, and safety company. The Company's operations include the development and/or acquisition of various nutritional product formulae, cannabinoid brands for the adult recreational cannabis market, and the safety market. Its current operations include CRFT, which is a curator and aggregator of craft-cannabis, providing advocacy and access for premium small-batch growers to Canada's cannabis market, and licensing and marketing of Grizzlers and Roll Model branded pre-rolls for sale in Ontario and Alberta. The Company's principal business is licensing and marketing of its Grizzlers and Roll Model branded prerolls and bringing products to the adult-use recreational cannabis market in conjunction with its licensing partner, Safari Flower Co. Its brand includes Grizzlers, Earth Dragon Organics, Clix, and Roll Model Cannabis.
Financial Overview
For the nine months ended 30 June 2023, BC Craft Supply Co Ltd revenues decreased 22% to C$65K. Net loss totaled C$301K vs. income of C$6.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Gain/(Loss) on Settlement of debt decrease from C$8.2M (income) to C$0K, Office increase of 88% to C$45K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $8.84M as of Jun 30, 2023
Annual revenue (TTM): $0.07M as of Jun 30, 2023
EBITDA (TTM): -$0.42M as of Jun 30, 2023
Net annual income (TTM): -$8.97M as of Jun 30, 2023
Free cash flow (TTM): $1.62M as of Jun 30, 2023
Net Debt Last Fiscal Year: $7.86M as of Jun 30, 2023
Shares outstanding: 2,276,456 as of Jun 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization