Canada House Wellness Group Reports First Quarter Fiscal Year 2019 Results Financial Highlights: ?Cash position was $5,844 compared to $8,953 as at April 30, 2018. During the quarter, a $588 licensing fee was paid to Medicine Man Technologies, capital expenditures on the production facility were $379 and working capital declined by $931 ?Working capital was $4,491 compared to $6,670 as at April 30, 2018 ?Revenue for the three months ending July 31, 2018 was $1,231, an increase of $405 or 49% compared to $826 in the prior year ?EBITDAS (1) for the three months ending July 31, 2018 was a deficit of ($906) during the three months ending July 31, 2018, a 15% improvement compared to ($1,060) in the prior year ?Loss and Comprehensive loss for the year was ($2,028) for the three months ending July 31, 2018 compared to ($1,580) for the same period in the prior year
|