Mettrum Sales Jump by 54% in Q1 as Margins Improve

 

Mettrum Announces First Quarter 2017 Financial Results

TORONTO, ONTARIO, Aug 22, 2016 (Marketwired via COMTEX) — TORONTO, ONTARIO–(Marketwired – Aug 22, 2016) –

Q1 2017 versus Q4 2016 Financial Highlights:

• Revenues increased 54% to $4,170,514
• Grams sold increased 43% to 436,570 grams
• Gross profit increased 67% to $3,320,828
• Adjusted EDITDA loss improved by 58% to a loss of $346,280
• Registered clients increased by 67% to 12,000

Mettrum Health Corp. (“Mettrum” or the “Company”) (MT), a fully integrated provider of…