trending Market Intelligence /marketintelligence/en/news-insights/trending/XCSeTQh2iBMf8eve069OQg2 content esgSubNav
In This List

Gilla Q3 loss narrows YOY

Blog

European Energy Insights - May 2021

Blog

Metals & Mining Insights May 2021

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Gilla Q3 loss narrows YOY

Gilla Inc. said its normalized net income for the third quarter amounted to a loss of $436,130, compared with a loss of $810,400 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to negative 53.2% from negative 154.1% in the year-earlier period.

Total revenue increased 55.3% on an annual basis to $816,610 from $525,890, and total operating expenses grew 19.4% on an annual basis to $1.3 million from $1.1 million.

Reported net income totaled a loss of $697,810, or a loss of 1 cents per share, compared to a loss of $1.6 million, or a loss of 2 cents per share, in the prior-year period.