Delivra Health Brands President & CEO Gord Davey joins Natalie Stoberman from the Proactive studio to release its historical second quarter financial and operating results.
The company has reported $140,000 in positive adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, for the first time in Delivra's history. These results also include gross profit of $987,000 and a gross profit margin of 41 percent from continued operations as compared to $644,000 and 37 percent in same period last year.
Davey says these second quarter fiscal results reflect the start of a new phase in the company’s turn around journey to become a profitable business.