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Cann Group First Half 2023 Earnings: AU$0.053 loss per share (vs AU$0.028 loss in 1H 2022)

Cann Group (ASX:CAN) First Half 2023 Results

Key Financial Results

  • Net loss: AU$18.8m (loss widened by 128% from 1H 2022).

  • AU$0.053 loss per share (further deteriorated from AU$0.028 loss in 1H 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cann Group shares are down 5.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Cann Group (2 are concerning!) that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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