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Eve & Co Incorporated (V:EVE)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 2941 Napperton Drive
STRATHROY ON N7G3H8
Tel: N/A
Website: https://www.evecannabis.ca
IR: See website
Key People
Melinda Rombouts
President, Chief Executive Officer, Director
Rory Taylor
Interim Chief Financial Officer
Ivan Ross Vrana
Vice President - Governmental Relations and Business Development
Business Overview
Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products include The Boss Bath Bomb, The Dreamer Bath Bomb, The Lover Bath Bomb, The Optimist CBD Bath Bomb, Indica Blend, Sativa Blend, The Boss, The Confidant, The Creator, The Lover, The Adventurer, The Advocate, and The Free Spirit. Its wholly owned subsidiary is Natural MedCo Ltd. The Boss Bath Bomb has an invigorating blend of sweet orange, lemon, and grapefruit essential oils that come together to enhance and lift mood, reduce stress, and stimulate circulation. The Dreamer Bath Bomb has calming lavender and chamomile essential oils that help to reduce stress and anxiety and promote calmness.
Financial Overview
For the nine months ended 30 September 2021, Eve & Co Inc revenues increased from C$2.6M to C$6.5M. Net loss decreased 65% to C$2.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Stock-Based Compensation decrease from C$1.3M (expense) to C$80K (income), Professional Fees decrease of 50% to C$421K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $23.63M as of Sep 30, 2021
Annual revenue (TTM): $7.77M as of Sep 30, 2021
EBITDA (TTM): -$3.22M as of Sep 30, 2021
Net annual income (TTM): -$5.92M as of Sep 30, 2021
Free cash flow (TTM): -$0.87M as of Sep 30, 2021
Net Debt Last Fiscal Year: $19.92M as of Sep 30, 2021
Shares outstanding: 36,754,098 as of Feb 24, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization