bullish
YERB.U: Record Q1 Financials & Positive Outlook
SUMMARY
- Yerbaé posted Q1/23 financial results including net revenue of $3.5M vs. our estimate of $3.5M, representing 130% YoY growth and 88% QoQ growth.
- Yerbaé Brands Corp. (YERB.U:TSXV) reported Q1/23 financial results yesterday evening that were in line with our expectations for revenue but missed on profitability.
- Gross revenue came in at 7M vs. our estimate of $3.8M with the promotional rate at 5% compared to our estimate of 7%.
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