Body and Mind Inc. (OTCQB: BMMJ) (CSE:BAMM) released its financial results for the third fiscal quarter ended April 30, 2022, revealing revenue of $7.88 million, a 10% increase over Q3 2021 revenue of $7.16 million.
Q3 2022 Financial Higlights
-
Gross profit of $2.91 million
-
Net loss of $2.46 million
-
Adjusted EBITDA loss of 0.78 million
-
At April 30, 2022, BaM had $3.71 million in cash and a working capital surplus of $2.42 million
-
Total assets were $52.99 million, total current liabilities were $9.44 million and total liabilities were $22.70 million …