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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 fiscal year ended 28 February 2019, Sproutly Canada Inc revenues was not reported. Net loss increased from C$356K to C$12.6M. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.04 to -C$0.10.
Reporting Currency: Canadian Dollars
Enterprise value: $97.37M as of Feb 28, 2019
Annual revenue (TTM): $0.00M as of Feb 28, 2019
EBITDA (TTM): -$7.94M as of Feb 28, 2019
Net annual income (TTM): -$12.63M as of Feb 28, 2019
Free cash flow (TTM): -$8.31M as of Feb 28, 2019
Net Debt Last Fiscal Year: $2.83M as of Feb 28, 2019
Shares outstanding: 190,990,679 as of Jul 8, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization