Ayurcann Holdings (CSE: AYUR) CEO Igal Sudman joined Steve Darling from Proactive to bring news the company has had a very strong Q1 in 2021. That includes record numbers. Net revenues of $2.6 million for the 3 months ending March 31-2021
Sudman also saying they had gross margins of $1.84 million for the 3 months ending Mar 31-2021 The company was operating with a gross margin of 70%.
Sudman shares with Proactive what has been driving the numbers. He also said the only blemish on the numbers was a one-time cost associated with a go-public transaction resulting in them showing a loss on the quarter. That was a share-based loss and not a result of operations. The company says they are profitable now and fully expect to show continued profits going forward.