The Market Online speaks with Nextleaf Solutions CEO Emma Andrews, as Nextleaf Reports Profitable Second Quarter FY25 Results Including Increased Revenue Growth.
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00:00hello and welcome to the watch list next leaf solutions has reported a profitable second
00:10quarter here at the details is ceo emma andrews emma so nice to have you thanks for having me back
00:16now next leaf has just delivered a profitable q2 with notable revenue growth marking a turning
00:22point in your financial trajectory what are your initial thoughts on those results i am massively
00:29proud of the team i think this really validates that we've set the standard for capacity utilization
00:33out of our facility in coquitlam and then also for fiscal discipline which i think is really
00:38necessary in the cannabis industry but it's also part of what's allowed us to get to this position
00:42all right now let's look at some of the metrics what in particular are you proud of so our gross
00:48revenue is 4.7 net revenue at 3.5 we're profitable we have a healthy debt to equity ratio we've got
00:55a great gross profit margin we're cash flow positive we're net income positive so again
01:00these are standout stories not just within cannabis but within the public markets as well i really think
01:05that investors should take note of stories like ours now and let's just talk about the investors
01:10what does this signal to shareholders about what's next the ability to capitalize on this position in
01:15terms of innovation within our product assortment entry into new categories deepening within existing
01:20channels as well as really capitalizing on our passion for bulk ingredients so high purity high potency
01:27extracts is what we're known for and then our burgeoning cpg branded house of products as well so
01:33a really bright and strong future and i'm definitely motivated to make it happen all right well thank you
01:37so much emma for the update and congratulations on your q2 thank you
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