Wednesday, July 2, 2025

TGOD Reports Prelim Q4 Revenues Of $10.9 Million, Lowers Guidance Significantly

The Green Organic Dutchman (TSX: TGOD) this morning released unaudited revenue figures for the fourth quarter of 2021, while also providing an update to its guidance. Preliminary revenue has been reported at $10.9 million in the fourth quarter, a significant increase from the $4.4 million posted in the third quarter.

TGOD's Logo

Canada operations and sales is reportedly the key driver of sales here, with revenues from the segment amounting to $8.6 million for the quarter, a 91% quarter over quarter increase.

Despite the improving results, the company closed this mornings announcement off by dropping guidance for the period of November 1, 2020 through to October 31, 2021. Previously set at $61.5 million in anticipated revenues, that figure has now dropped to a range of $40 million to $45 million, with the company placing blame on continued lockdown restrictions.

This change also means positive monthly Canadian operating cashflow will not be achieved by the end of Q1 2021, with the firm now expecting positive cashflow at its Canadian operations sometime later this year.

TGOD last traded at $0.475 on the TSX.


Information for this briefing was found via Sedar and The Green Organic Dutchman. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

TGOD Ends Medical Cannabis Program, Transitions To Wholesale Model

The Green Organic Dutchman (TSX: TGOD) this morning announced that it is giving up the...

Monday, February 1, 2021, 07:55:40 AM

Why Public Cannabis CFOs Need to Breakdown and Segment Their Accounts Receivables

Limited Disclosures Risk Signaling Poor Financial Health to Analysts and Investors The ‘accounts receivable to...

Sunday, November 24, 2019, 08:00:42 AM

TGOD CEO Quits, Company Posts Q3 Loss Of $76.2 Million

The Green Organic Dutchman (TSX: TGOD) is under new leadership. The company announced this evening...

Tuesday, November 10, 2020, 08:15:06 PM

The Green Organic Dutchman Receives First Cultivation License at Valleyfield, Quebec Facility

The Green organic Dutchman (TSX: TGOD) announced this morning that it has finally received a...

Monday, November 25, 2019, 09:16:17 AM

The Green Organic Dutchman Looks to Sell Ancaster Facility in Leaseback Arrangement

The Green Organic Dutchman (TSX: TGOD) is looking to sell its Ancaster, Ontario facility based...

Wednesday, October 23, 2019, 07:57:30 PM