Sproutly Canada, Inc. (C:SPR)
Business Focus: Alternative Medicine Facilities
| Sector: Healthcare | Industry: Healthcare Facilities & Services |
| Company Contact | |
| Address: | 1095 West Pender Street, Suite 1050 VANCOUVER BC V6C 2T5 |
| Tel: | N/A |
| Website: | https://www.sproutly.ca |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Sproutly Canada, Inc. is a Canada-based company that is a supplier of all-natural water-soluble and oil ingredients for cannabis products for the beverage and consumables market. The Company intends to identify and evaluate potential business opportunities in the medicinal and recreational cannabis industry. The Company's Health Canada Licensed Facility is located in the greater Toronto area that operates the application (APP) technology and produces naturally water-soluble cannabis solution (Infuz2O) and cannabis plant oils infused into natural oils (BNO), each delivering the plant spectrum of natural bioactive molecules. Infuz2O is a natural water-soluble cannabis solution that can be stably formulated into traditional beverages without the use of artificial chemicals and/or physical means to keep the cannabinoids blended in the water base. BNO is a cannabinoid oil molecule directly infused into one of many natural oils that are used in edible products or for skin application. |
| Financial Overview |
| For the nine months ended 30 November 2021, Sproutly Canada Inc revenues increased 79% to C$437K. Net loss decreased 61% to C$1.9M. Revenues reflect Revenue increase of 11% to C$487K. Lower net loss reflects Accretion expense decrease of 55% to C$697K (expense), Share-based payments decrease of 93% to C$59K (expense), G/L on early Exting of lease relat debt increase from C$147K to C$654K (income). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $12.35M as of Nov 30, 2021 |
| Annual revenue (TTM): | $0.51M as of Nov 30, 2021 |
| EBITDA (TTM): | -$1.55M as of Nov 30, 2021 |
| Net annual income (TTM): | -$13.40M as of Nov 30, 2021 |
| Free cash flow (TTM): | -$1.55M as of Nov 30, 2021 |
| Net Debt Last Fiscal Year: | $6.98M as of Nov 30, 2021 |
| Shares outstanding: | 363,223,915 as of Nov 30, 2021 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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