Cannabis Wheaton Income (OTCMKTS:CBWTF) Announces Quarterly Earnings Results

Key Points

• Cannabis Wheaton Income reported earnings of $0.01 per share for the quarter, with a net margin of 16.56% and a return on equity of 18.53%.
• The company's stock, trading under the symbol CBWTF, reached $0.12 with a market capitalization of $165.47 million and a price-to-earnings ratio of 12.32.
• Cannabis Wheaton Income operates within the Canadian cannabis market, focusing on diverse products such as vape cartridges, edibles, and topicals under various brand names.

Cannabis Wheaton Income (OTCMKTS:CBWTF - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.01 EPS for the quarter, Zacks reports. The business had revenue of $28.04 million during the quarter. Cannabis Wheaton Income had a return on equity of 23.46% and a net margin of 19.99%.

Cannabis Wheaton Income Stock Down 2.6%

Cannabis Wheaton Income stock traded down $0.00 on Tuesday, hitting $0.12. 66,294 shares of the stock traded hands, compared to its average volume of 1,148,689. The company has a current ratio of 0.68, a quick ratio of 0.34 and a debt-to-equity ratio of 0.02. The firm has a market cap of $160.36 million, a P/E ratio of 5.97 and a beta of 1.12. The business's fifty day simple moving average is $0.09 and its 200 day simple moving average is $0.07. Cannabis Wheaton Income has a 1 year low of $0.02 and a 1 year high of $0.13.

About Cannabis Wheaton Income

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. It focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. The company offers cannabis products under various forms, including vape catridges, infused pre-rolls, pre-rolled, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the KOLAB PROJECT, Dosecann, BACK FORTY, Foray, and Parcel brand names.