Diamond Estates Wines & Spirits Reports Q2 2023 Financial Results
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Friday, November 25, 2022
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Diamond Estates Wines & Spirits Inc. (Diamond Estates or the Company) (DWS-TSX Venture) today announced its financial results of position for the three and six months ended September 30, 2022 ("Q2 2023 and "YTD 2023" respectively).
Key Points:
- Diamond Estates Wines & Spirits Inc. (Diamond Estates or the Company) (DWS-TSX Venture) today announced its financial results of position for the three and six months ended September 30, 2022 ("Q2 2023 and "YTD 2023" respectively).
- Revenue for Q2 2023 of $9.2 million, an increase of $2.1 million from Q2 2022 revenue of $7.1 million.
- Gross margin for Q2 2023 was $3.6 million, an increase of $0.9 million from $2.7 million in Q2 2022, while gross margin as a percentage of revenue was 38.7% for Q2 2023 compared to 38.1% in Q2 2022.
- About Diamond Estates Wines and Spirits Inc.
Diamond Estates Wines and Spirits Inc. is a producer of high-quality wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada.