February 2, 2021 at 8:25 am
Published by NCV Newswire
Achieves Record Revenues and Quarterly Growth
VANCOUVER, BC, Feb. 2, 2021 /PRNewswire/ – Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Company” or “BaM”), a multi-state operator, is pleased to report its financial results for the first fiscal quarter ended October 31, 2020.
Q1 FY2021 Financial Summary (results expressed in $USD unless otherwise indicated)
:
Reported Q1 FY2021 revenue of $5.29 million, a 144% increase over Q4 FY2020 ($2.17 million) and 267 % increase over Q1 FY2020 ($1.44 million);
Q1 FY2021 Gross profit of $1.8 million;
Q1 FY2021 Net Operating Loss of $0.70 million;
Q1 FY2021 Net Loss of $0.78 million;
Basic and Diluted loss per share of $0.01;