Canadabis Capital Posts Q1 Net Loss Amid Revenue Contraction
Canadabis Capital Inc. (CANB.V) disclosed its financial performance for the first quarter, revealing a shift from profitability to losses. The company recorded a net loss of C$128,539, translating to break-even per share, a notable reversal from the same period last year when it posted net income of C$321,569, also at break-even per share.
The revenue trajectory tells a similar story of decline. Q1 revenues totaled C$3.26 million, representing a significant pullback from the C$5.09 million generated in the corresponding quarter of th
Canadabis Capital Inc. (CANB.V) disclosed its financial performance for the first quarter, revealing a shift from profitability to losses. The company recorded a net loss of C$128,539, translating to break-even per share, a notable reversal from the same period last year when it posted net income of C$321,569, also at break-even per share.
The revenue trajectory tells a similar story of decline. Q1 revenues totaled C$3.26 million, representing a significant pullback from the C$5.09 million generated in the corresponding quarter of th