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Sproutly Canada, Inc. (C:SPR)

Business Focus: Alternative Medicine Facilities

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Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1095 Pender St W Suite 1050
VANCOUVER BC V6E 2M6
Tel: N/A
Website: https://www.sproutly.ca
IR: See website
Key People
N/A    
Business Overview
Sproutly Canada Inc, formerly Stone Ridge Exploration Corp, is a Canada-based company engaged in the alternative medicine sector. The Company, through its indirect wholly owned subsidiary Toronto Herbal Remedies Inc., is an Access to Cannabis for Medical Purposes Regulations (ACMPR) Licensed Producer of cannabis. The Company's mission is to be a vertically integrated cannabis consumer products company, bringing together pharma-grade cultivation, distribution solutions, and technologies to the cannabis industry. Sproutly Canada Inc owns and operates an approximately 16,000 square feet production facility located centrally in the Greater Toronto Area (GTA) utilizing production technology and methods designed to pharma-grade standards. The Company's strategy is focused on developing and deploying technologies to formulate and market cannabis products.
Financial Overview
For the nine months ended 30 November 2018, Sproutly Canada Inc revenues was not reported. Net loss increased from C$313K to C$9.6M. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.04 to -C$0.07.
Reporting Currency: Canadian Dollars
Enterprise value: $143.17M as of Nov 30, 2018
Annual revenue (TTM): $0.00M as of Nov 30, 2018
EBITDA (TTM): -$5.64M as of Nov 30, 2018
Net annual income (TTM): -$9.60M as of Nov 30, 2018
Free cash flow (TTM): -$6.62M as of Nov 30, 2018
Net Debt Last Fiscal Year: $0.45M as of Nov 30, 2018
Shares outstanding: 181,950,608 as of May 8, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization