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For the nine months ended 31 May 2019, Hempco Food and Fiber Inc revenues increased 3% to C$2M. Net loss increased from C$2.7M to C$5.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Staff and consultants increase from C$404K to C$1.9M (expense), Sales and marketing increase from C$118K to C$626K (expense).
Period Ending: | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 |
---|---|---|---|---|
Total Revenue | 0.6 | 0.58 | 0.77 | 0.28 |
Gross Profit | 0.16 | 0.01 | 0.17 | 0.05 |
Operating Income | -2.61 | -1.6 | -1.53 | -1.9 |
Net Income | -2.71 | -1.57 | -1.49 | -1.9 |
Period Ending: | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 |
---|---|---|---|---|
Total Assets | 12.7 | 13.24 | 13.95 | 11.08 |
Total Liabilities | 8.01 | 6.51 | 6.02 | 2.16 |
Total Equity | 4.68 | 6.74 | 7.93 | 8.92 |
Period Ending: | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -6.4 | -4.94 | -2.6 | -3.77 |
Cash From Investing Activities | -2.57 | -1.85 | -1.18 | -3.29 |
Cash From Financing Activities | 7.27 | 5.11 | 3.06 | 9.49 |
Net Change in Cash | -1.7 | -1.69 | -0.72 | 2.43 |
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