Organigram Q2 F2019 Rundown – Feb 28, 2019

Just thought I’d give a shout out to Paolo Deluca OGI CFO on the great disclosure in the Fins and MDA.  Other LP’s should take notice. Open up the fins and MDA and follow along. Sales: What do you do if you start the Q with the highest Finished Goods Inventory in the industry, and the retailers are screaming for product??  You sell through!! And that is what OGI did in spades, increasing sales QoQ by 115% fully powered by Rec as Medical took a small step backwards with a 9% and 24% drop on Medical Oil and Flower, respectively.  This was overpowered by…

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Peer Comparisons: Tracking last Q Sales to Inventory on Hand to Start the Next Q

I have spent a lot of time in the Income Statement with the charts I have rolled out, and even a little on the Cash Flow side with EBITDA. I decided to start playing with some graphs that would help determine if an LP would have enough "gas in the tank" [eg. Finished Goods Inventory, WIP and then Bio Assets] to be able to achieve a sales increase in the following Q. With many LP's having had the ability to "stockpile" in advance of Adult Rec, will they have shot their load in the first Q? The Peer Comparison doesn't answer that, but I'll…

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Peer & Trend Comparison Gross Margin % Before IFRS Voodoo

I will take a one day break from posting the Income Statement Driver and Implied Breakeven charts to post this new one on Peer & Trend Gross Margin. OGI sure has a pretty trend. I will start using the above in quarterly Rundowns.

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Organigram Rundown Q1 F2019 Nov 30, 2018

Hot damn!!  An LP with POSITIVE Net Operating Profit!!  OGI will now run the risk of being added to TheCannalysts “biased” list of LP’s that we spread and analyze. /s Open up the fins and MDA and follow along. Plenty of new info and data in the MDA to wrap your head around.  Some pretty decent disclosure by OGI.  Hoping other LP’s give as much [or more] disclosure. Gross Profit margins per unit per segment were particularly interesting I did like the following comment from their MDA, that I thought I’d point out… Those are most of the elements I look at too. Sales:…

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