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Molecule Holdings Inc. (C:MLCL)

Business Focus: Non-Alcoholic Beverages

Sector:  Consumer Non-Cyclicals Industry:  Non-Alcoholic Beverages
 
See Regulatory Filings on SEDAR
Company Contact
Address: 591 Reynolds Rd
LANSDOWNE ON K0E 1L0
Tel: N/A
Website: https://molecule.ca
IR: See website
Key People
Andrew D. Audet
Chairman of the Board
Philip Waddington
President, Chief Executive Officer, Director
Jeff Stoss
Chief Financial Officer
Business Overview
Molecule Holdings Inc., formerly Everton Resources Inc., is a Canada-based cannabis company. The Company is engaged in the production of cannabis infused beverages and edibles. The Company also provides the infrastructure, know-how, technology and licenses to artisanal producers to create edible cannabis products.
Financial Overview
For the nine months ended 31 July 2021, MoleculeHoldings Inc revenues increased from C$0K to C$323K. Netloss increased from C$458K to C$3M. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Higher net lossreflects Stock-based compensation increase from C$117K toC$956K (expense), G/L on Invest HFS, Maturity & Tradingdecrease from C$249K (income) to C$73K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.00M as of Jul 31, 2021
Annual revenue (TTM): $0.32M as of Jul 31, 2021
EBITDA (TTM): -$4.04M as of Jul 31, 2021
Net annual income (TTM): -$6.03M as of Jul 31, 2021
Free cash flow (TTM): -$4.54M as of Jul 31, 2021
Net Debt Last Fiscal Year: $1.62M as of Jul 31, 2021
Shares outstanding: 95,036,903 as of Jul 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization