$CLSH Q1 2020 Highlights Record consolidated re
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Posted On: 10/22/2019 3:27:57 PM
$CLSH Q1 2020 Highlights
Record consolidated revenue of $2.9 million compared to $1.7 million in fiscal Q1 2019, an increase of $1.2 million or 72.7%.
Record consolidated gross profit of $1.4 million , a 147.7% increase over the same period a year earlier.
Record consolidated gross profit margin of 50.6% compared to 35.3% in fiscal Q1 2019.
Consolidated net loss of $1.4 million or $0.01 per share compared to a net loss of $16.7 million or $0.23 per share in fiscal Q1 2019.
Cash and cash equivalents of $5.9 million as of August 31, 2019 .
Record revenue from the Company's Oasis Cannabis dispensary of $2.1 million , a 96.6% increase over fiscal Q1 2019 revenue of $1.1 million .
Record Oasis Cannabis gross profit margin of 48.3% compared to 35.9% in fiscal Q1 2019.
A 98.4% increase in dispensary customers, from 26,438 (294 average per day) in fiscal Q1 2019 to a record 52,448 (583 average per day) in fiscal Q1 2020.
Record revenue per SF of $397 compared to $205 per SF during the same period a year earlier, an increase of 93.6%.
Record revenue from the Company's City Trees' branded products division of $0.8 million compared to $0.6 million in fiscal Q1 2019, an increase of $0.2 million or 33.6%.
Record City Trees branded products gross profit margin of 56.2% compared to 34.1% in fiscal Q1 2019.
Record consolidated revenue of $2.9 million compared to $1.7 million in fiscal Q1 2019, an increase of $1.2 million or 72.7%.
Record consolidated gross profit of $1.4 million , a 147.7% increase over the same period a year earlier.
Record consolidated gross profit margin of 50.6% compared to 35.3% in fiscal Q1 2019.
Consolidated net loss of $1.4 million or $0.01 per share compared to a net loss of $16.7 million or $0.23 per share in fiscal Q1 2019.
Cash and cash equivalents of $5.9 million as of August 31, 2019 .
Record revenue from the Company's Oasis Cannabis dispensary of $2.1 million , a 96.6% increase over fiscal Q1 2019 revenue of $1.1 million .
Record Oasis Cannabis gross profit margin of 48.3% compared to 35.9% in fiscal Q1 2019.
A 98.4% increase in dispensary customers, from 26,438 (294 average per day) in fiscal Q1 2019 to a record 52,448 (583 average per day) in fiscal Q1 2020.
Record revenue per SF of $397 compared to $205 per SF during the same period a year earlier, an increase of 93.6%.
Record revenue from the Company's City Trees' branded products division of $0.8 million compared to $0.6 million in fiscal Q1 2019, an increase of $0.2 million or 33.6%.
Record City Trees branded products gross profit margin of 56.2% compared to 34.1% in fiscal Q1 2019.
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