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For the nine months ended 31 March 2021, Canafarma Hemp Products Corp revenues decreased 79% to $600K. Net loss decreased 66% to $4.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Listing expense decrease from $7.1M (expense) to $0K, General and administrative expenses - Ba decrease of 96% to $108K (expense).
Period Ending: | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Total Revenue | 0.08 | 0.41 | 0.11 | 1.8 |
Gross Profit | 0.11 | -0.19 | -1.15 | -2.32 |
Operating Income | -2.01 | -2.2 | -4.68 | -17.17 |
Net Income | -0.81 | -1.08 | -2.18 | -17.8 |
Period Ending: | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Total Assets | 1.83 | 2.35 | 3.55 | 6.76 |
Total Liabilities | 2.47 | 3.2 | 4.09 | 6.86 |
Total Equity | -0.64 | -0.85 | -0.54 | -0.1 |
Period Ending: | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -1.22 | -0.92 | 0.24 | -5.99 |
Cash From Investing Activities | -0.02 | -0.02 | -0.02 | -0.66 |
Cash From Financing Activities | 0.24 | 0 | 0 | 6.38 |
Net Change in Cash | -1 | -0.94 | 0.22 | -0.25 |
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