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Published 1 year ago

Pineapple Energy Reports Third Quarter 2022 Financial Results - Pineapple Energy (NASDAQ:PEGY)

Summary by Ground News
TPCO Holding Corp. announced its financial results for the quarter ended September 30, 2022 ("Q3 2022") Net sales from continuing operations of $19.6 million ( excluding bulk wholesale business which is shown as discontinued operations at September 30,. 2022) Gross profit from continuing. operations for Q3 2022 was $6.6m, or 34% of net sales. Adjusted net loss of $31.3 million excludes $13.4  million of losses associated with discontinued operations, a non-cash tax recovery of $24.5 million and $127.8 million of non- cash impairments.

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