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1933 Industries Inc (C:TGIF)

Business Focus: Alternative Medicine

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Sector:  Healthcare Industry:  Pharmaceuticals
See Regulatory Filings on SEDAR
Company Contact
Address: 105-45655 Tamihi Way
Tel: N/A
IR: See website
Key People
Business Overview
1933 Industries Inc is a Canada-based vertically integrated cannabis company. The Company operates in the United States and Canada. Operating through subsidiaries, the Company owns licensed medical and adult-use cannabis cultivation and production assets, hemp-based, cannabidiol (CBD) infused products, CBD extraction services and a specialized cannabis advisory firm supporting clients in security, intelligence and due diligence. The Company holds interest in Alternative Medicine Association, LC (AMA), a licensed medical and adult-use cannabis cultivation and production facility, that produces its own line of cannabis-based products and manufactures other third-party brands. The Company's subsidiary, Spire Global Strategy is a advisory company, that supports clients across the globe in government, finance, resources, heavy industry, and the emerging legal cannabis sector.
Financial Overview
For the six months ended 31 January 2019, 1933 Industries Inc revenues increased 54% to C$8.3M. Net loss increased from C$1.4M to C$6.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and administration increase from C$963K to C$2.7M (expense), Wages and benefits increase from C$475K to C$1.9M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $71.71M as of Jan 31, 2019
Annual revenue (TTM): $15.56M as of Jan 31, 2019
EBITDA (TTM): -$6.04M as of Jan 31, 2019
Net annual income (TTM): -$10.40M as of Jan 31, 2019
Free cash flow (TTM): -$18.73M as of Jan 31, 2019
Net Debt Last Fiscal Year: $3.05M as of Jan 31, 2019
Shares outstanding: 282,109,693 as of Aug 9, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization