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OrganiGram Holdings Inc. (V:OGI)

Business Focus: Alternative Medicine

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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
Chairman of the Board
Cameron Bishop
Vice President of Public Affairs and Stakeholder Relations
Gregory Malcolm Engel
Chief Executive Officer, Director
Paolo De Luca
Chief Financial Officer
Peter Ralph Hanson
Director - Finance
Guillermo Martin Delmonte
President - International Division
Larry Rogers
Chief Operating Officer
Helen Martin
Senior Vice President, Strategic and Legal Affairs
Tim Emberg
Vice President - Sales and Commercial Operations
Amy Schwalm
Vice President of Investor 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 nine months ended 31 May 2019, OrganiGram Holdings Inc revenues increased from C$9.2M to C$64.1M. Net income before extraordinary items increased from C$4M to C$13M. Revenues reflect Gross revenue increase from C$8.8M to C$78.3M. Net income was partially offset by Sales and marketing increase from C$3.3M to C$9.9M (expense), General and administrative - Balancing v increase from C$1.8M to C$6M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $985.83M as of May 31, 2019
Annual revenue (TTM): $67.32M as of May 31, 2019
EBITDA (TTM): $14.77M as of May 31, 2019
Net annual income (TTM): $31.03M as of May 31, 2019
Free cash flow (TTM): -$121.58M as of May 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 156,179,212 as of Aug 22, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization