Gage Growth reports $91.5M revenue and $44.3M net loss for FY2021; audited financials filed

TerrAscend Corp.

Revenue of $91.5M, gross profit $29.4M (32.1% margin).
Net loss $44.3M; operating loss $35.3M; cash and equivalents $42.9M.
Total liabilities $141.6M vs shareholders' equity $14.5M.
Gage was acquired by TerrAscend on March 8, 2022; consideration included 51.3M TerrAscend shares.
Gage's net loss attributable to subordinate shareholders $18.6M; non-controlling interest loss $25.7M.

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