Red One

Indiva Provides Corporate Update Including Improved Fourth Quarter Revenue Guidance

Retrieved on: 
Thursday, January 4, 2024

Indiva Limited (the "Company" or "Indiva") (TSXV:NDVA), the leading Canadian producer of cannabis edibles, is pleased to provide a corporate update and recap of fiscal 2023, including improved quarterly guidance, as the Company now expects record net revenue in the fourth quarter of 2023.

Key Points: 
  • Indiva Limited (the "Company" or "Indiva") (TSXV:NDVA), the leading Canadian producer of cannabis edibles, is pleased to provide a corporate update and recap of fiscal 2023, including improved quarterly guidance, as the Company now expects record net revenue in the fourth quarter of 2023.
  • "Driven by Indiva's best-in-class distribution and store penetration, which exceeds 3,000 stores nationwide, Indiva continues to hold leading market share in the edibles category.
  • Additionally, Indiva has already sold more than two million No Future gummies and over 100,000 No Future vapes since the initial brand launch in B.C.
  • Continued strength in the Pearls by Grön and No Future brands has resulted in fourth quarter 2023 net revenue results, which are set to exceed the initial expectations and guidance provided in our third quarter results press release, dated November 21, 2023.

Indiva Reports Third Quarter Results Including Record Revenue and Positive Income From Operations

Retrieved on: 
Tuesday, November 21, 2023

"We are delighted to announce the best financial results in Indiva’s corporate history, driven entirely by organic growth, including record net revenue, record gross profit and gross margin, as well as positive EBITDA and positive income from operations.

Key Points: 
  • "We are delighted to announce the best financial results in Indiva’s corporate history, driven entirely by organic growth, including record net revenue, record gross profit and gross margin, as well as positive EBITDA and positive income from operations.
  • Gross revenue in Q3 2023 was a record $10.9 million, representing a 33.7% sequential increase from Q2 2023, and a 23.7% increase year-over-year from Q3 2022.
  • Year-to-date, net revenue increased 6.4% year-over-year to a record $26.7 million.
  • Year-to-date net revenue from edible products increased 0.8% year-over-year to a record $23.2 million or 86.9% of net revenue.

Pro-Grade AV from Keslow Camera and The Camera Division Slated for Auction

Retrieved on: 
Monday, August 15, 2022

LOS ANGELES, Aug. 15, 2022 /PRNewswire/ -- Digital cameras from Keslow Camera and The Camera Division are among the 350 lots of pro-grade AV equipment, gear and accessories available in an August 23 online auction by Tiger Group.

Key Points: 
  • LOS ANGELES, Aug. 15, 2022 /PRNewswire/ --Digital cameras from Keslow Camera and The Camera Division are among the 350 lots of pro-grade AV equipment, gear and accessories available in an August 23 online auction by Tiger Group .
  • Tiger's LA-based Commercial & Industrial Division has worked for the last five years with Keslow Camera, a leading rental company that operates in eight major North American cities.
  • In addition, Tiger is in its third year working with ongoing client The Camera Division, a premier camera rental house in Southern California.
  • "Once again, Tiger is excited to be working with Keslow Camera and The Camera Division to sell top-notch gear," noted Jonathan Holiday , Director of Business Development, Tiger Commercial & Industrial.

TransformativeMed Partners with Red One Medical to provide the Veterans Administration Puget Sound Health System - Seattle Division with the CORES Intelligent-Care Platform

Retrieved on: 
Tuesday, September 21, 2021

"First and foremost, our TransformativeMed team is honored and excited to be a partner with Red One Medical to provide the Veterans Administration with our CORES Platform technology to enhance their Cerner EMR system to provide better healthcare for our US Veterans" said Shawn DeWane, President and CEO of TransformativeMed.

Key Points: 
  • "First and foremost, our TransformativeMed team is honored and excited to be a partner with Red One Medical to provide the Veterans Administration with our CORES Platform technology to enhance their Cerner EMR system to provide better healthcare for our US Veterans" said Shawn DeWane, President and CEO of TransformativeMed.
  • "Our CORES Platform provides doctors and nurses with real-time access to comprehensive clinical dashboards, driven by intelligent-care algorithms, for each patient.
  • Red One Medical is delighted to partner with TransformativeMed in putting VA healthcare at the vanguard of Cerner EMR system Optimization."
  • Red One Medical identifies and delivers advanced medical and pharmaceutical technologies that transform care for America's veterans and military service members.