DAVIDsTEA Reports Second Quarter Fiscal 2019 Financial Results

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Sep 17, 2019
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  • 52.8% increase in wholesale and e-commerce revenues
  • Operating loss of $5.4 million compared to loss of $14.0 million
  • EBITDA1 of $0.2 million compared to a negative $11.9 million
  • Positive cash flow from operations of $3.1 million compared to negative $12.4 million
  • Net cash position of $29.7 million
  • Basic and fully diluted loss per share of $0.27