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MPX International Corporation (C:MPXI)

Business Focus: Medical Farming

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
Company Contact
Address: 5255 Yonge Stret, Suite 701
TORONTO ON M2N 6P4
Tel: 1-212-8961233
Website: https://mpxinternationalcorp.com
IR: See website
Key People
W. Scott Boyes
Chairman of the Board, President, Chief Executive Officer
Jeremy Daniel Blumer
Chief Financial Officer, Director
Jeremy S. Budd
Executive Vice President, General Counsel, Corporate Secretary, Director
Alastair Crawford
Executive Director, Europe
   
Business Overview
MPX International Corporation is a Canada-based multinational diversified cannabis company. The Company is focused on developing and operating assets across the international cannabis industry with an emphasis on cultivating, manufacturing and marketing products, which include cannabinoids as their primary active ingredient. The Company operates through three segments: Canada, Europe / Africa, and Asia-Pacific. The Canada segment's principal business activities consist of production and sale of cannabis, video learning and engagement and patient counselling and referral services. The Europe / Africa segment's principal business activities consist of production and sale of cannabis and hemp related products. The Asia-Pacific segment's principal business activities consist of production and sale of cannabis.
Financial Overview
For the six months ended 31 March 2022, MPX International Corp revenues decreased 13% to C$3.6M. Net loss decreased 5% to C$10.2M. Revenues reflect Canada segment decrease of 11% to C$2.7M, Europe/Africa segment decrease of 18% to C$814K. Lower net loss reflects FV/Uls Adjust on Derivatives for Hedging increase from C$2.5M (expense) to C$1.1M (income), Foreign exchange decrease of 47% to C$662K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $14.05M as of Mar 31, 2022
Annual revenue (TTM): $6.69M as of Mar 31, 2022
EBITDA (TTM): -$9.22M as of Mar 31, 2022
Net annual income (TTM): -$25.02M as of Mar 31, 2022
Free cash flow (TTM): -$19.96M as of Mar 31, 2022
Net Debt Last Fiscal Year: $25.12M as of Mar 31, 2022
Shares outstanding: 144,322,554 as of Mar 31, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization