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1933 Industries Inc (C:TGIF)

Business Focus: Alternative Medicine

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 nine months ended 30 April 2020, 1933 Industries Inc revenues decreased 25% to C$9.6M. Net loss before extraordinary items increased 13% to C$14.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects General and administration increase of 38% to C$6.6M (expense), Depreciation increase from C$463K to C$1.4M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $23.90M as of Apr 30, 2020
Annual revenue (TTM): $14.82M as of Apr 30, 2020
EBITDA (TTM): -$13.96M as of Apr 30, 2020
Net annual income (TTM): -$19.93M as of Apr 30, 2020
Free cash flow (TTM): -$23.83M as of Apr 30, 2020
Net Debt Last Fiscal Year: $21.52M as of Apr 30, 2020
Shares outstanding: 285,478,539 as of Apr 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization