Overview
Big Rock Q2 sales volumes up 45.3%, driven by contract sales doubling
Net revenue rises 34.2% to C$16.6 mln, reflecting increased sales volumes
Adjusted EBITDA improves by C$0.8 mln to C$1 mln
Outlook
Company focuses on mitigating tariff impacts, Alberta Markup changes and cost increases
Company continues to build on sales volume growth momentum
Result Drivers
CONTRACT SALES - Contract sales volumes more than doubled, driving overall sales volume growth
WHOLESALE VOLUMES - Wholesale volumes increased by 20.2%, contributing to revenue rise
BRANDING AND PORTFOLIO - New branding and updated product portfolio contributed to sales success, per CEO David Kinder
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Net Income |
| C$281,000 |
|
Q2 Adjusted EBITDA |
| C$967,000 |
|
Q2 Basic EPS |
| C$0.01 |
|
Q2 Operating Income |
| C$395,000 |
|
Press Release: ID:nCNWk0NK1a