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Stocks in play: Waterloo Brewing Ltd.

Baystreet.ca
·1 min read

Announced financial results for the second quarter of fiscal 2023 which ended on July 31, 2022. Waterloo Brewing reported EBITDA for the second quarter of fiscal 2023 of $5.1 million, on net revenue of $29.5 million. Net revenue of $29.5 million, decreased from $34.2 million in the prior year. Gross profit of $6.8M, decrease from $11.2 million in the prior year. Selling, marketing and administration expenses of $4.0 million, reduced from $4.9 million in the prior year. Waterloo Brewing Ltd. shares T.WBR are trading down $0.02 at $4.48.

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