other material
confidence high
sentiment neutral
materiality 0.50
Flora Growth provides pro forma 2022 results: revenue $79.6M, net loss $75.6M
ZeroStack Corp.
- Pro forma combined revenue of $79.6M and net loss of $75.6M for year ended Dec 31, 2022.
- Combined operating loss of $63.8M after acquisition-related adjustments.
- Pro forma gives effect to Dec 2022 acquisition of Franchise Global Health as if on Jan 1, 2022.
- Includes $1.2M imputed amortization of intangible assets from the acquisition.
- Filed to support planned S-3 registration statement; weighted avg shares 5.96M.