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OrganiGram Holdings Inc. (V:OGI)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
See Regulatory Filings on SEDAR
Company Contact
Address: 35A English Dr
Tel: N/A
IR: See website
Key People
Peter Amirault
Independent Chairman of the Board
James Cavanagh
Chief of Staff
Gregory Malcolm Engel
Chief Executive Officer, Director
Paolo De Luca
Chief Financial Officer
Timothy Emberg
Senior Vice President - Sales and Commercial Operations
Raymond Charles Gracewood
Senior Vice President of Marketing and Communications
Helen Martin
Senior Vice President, Strategic and Legal Affairs
Jeffrey Purcell
Senior Vice President - Operations
Amy Schwalm
Vice President of Investor Relations
Cameron Bishop
Vice President of Public Affairs and Stakeholder Relations
Business Overview
OrganiGram Holdings Inc, formerly Inform Exploration Corp, is a Canada-based company, which operates through its subsidiary Organigram Inc. Organigram Inc is a licensed medical marijuana producer of dried cannabis and cannabis oil. The Company is permitted to possess, produce, sell, provide, ship, deliver, transport and destroy cannabis, cannabis plants (including plants and seeds) and cannabis oil, in conformity with cannabis Act. The Company is also authorized for wholesale shipping of cannabis plant cuttings, dried flower, blends, pre-rolls and cannabis oil to approved retailers and wholesalers for adult-use recreational cannabis under individual provincial and territorial regulations as per Cannabis Act. The Company distributes its products mainly through the Company's online store or by phone.
Financial Overview
For the three months ended 30 November 2019, OrganiGram Holdings Inc revenues increased from C$12.4M to C$25.2M. Net loss before extraordinary items totaled C$863K vs. income of C$29.5M. Revenues reflect Gross revenue increase of 96% to C$28.4M. Net loss reflects FV Adjustments on Biological Assets. decrease of 96% to C$1.9M (income), General and administrative - Balancing v increase from C$1.5M to C$4M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $604.49M as of Nov 30, 2019
Annual revenue (TTM): $93.13M as of Nov 30, 2019
EBITDA (TTM): $1.11M as of Nov 30, 2019
Net annual income (TTM): -$39.88M as of Nov 30, 2019
Free cash flow (TTM): -$153.08M as of Nov 30, 2019
Net Debt Last Fiscal Year: $50.37M as of Nov 30, 2019
Shares outstanding: 156,243,447 as of Nov 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization