Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

The Good Shroom Co Inc. (V:MUSH)

Business Focus: Special Foods & Wellbeing Products

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
Company Contact
Address: 324 Marie-Curie
VAUDREUIL QC J7V 5V5
Tel: N/A
Website: https://www.thegoodshroom.co
IR: See website
Key People
Eric Ronsse
Chairman of the Board, Chief Executive Officer
Scott Jardin
Chief Financial Officer
 
Business Overview
The Good Shroom Co Inc. is a Canada-based company, which is engaged in the production and sale of cannabis-based products and beverages. The Company produces beverage products under the Teonan Velada, and Nordique Royale brands. It offers a functional instant mushroom beverages under the Teonan brand; cannabis-infused functional mushroom beverages under the Velada brand; and hash products under the Nordique Royale brand.
Financial Overview
For the six months ended 31 January 2024, Good Shroom Co Inc revenues increased 67% to C$2.2M. Net income totaled C$148K vs. loss of C$268K. Revenues reflect Revenue increase of 54% to C$2.6M. Net Income reflects Taxes and perm decrease of 93% to C$7K (expense), Promotional decrease of 77% to C$16K (expense), Subcontractors decrease from C$18K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $7.06M as of Jan 31, 2024
Annual revenue (TTM): $4.26M as of Jan 31, 2024
EBITDA (TTM): -$0.00M as of Jan 31, 2024
Net annual income (TTM): -$0.04M as of Jan 31, 2024
Free cash flow (TTM): -$0.10M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 50,774,683 as of Apr 16, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization