Reported Earnings • Jun 02
First quarter 2023 earnings released First quarter 2023 results: Revenue: US$4.74m (down 18% from 1Q 2022). Net loss: US$1.56m (down 224% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Tillkännagivande • May 04
Ggaby Inc. Announces CEO Changes GABY Inc. announced that Margot Micallef, the Company's Founder and Chief Executive Officer ("CEO"), will take a temporary leave of absence from her role as CEO of the Company. Ms. Micallef is temporarily resigning her position as CEO for personal reasons but will continue to represent the Company as its Chair and serve on the board of directors of GABY (the "Board"). The Board has appointed Simon Lileikis, GABY's current President, to serve as the Company's Interim CEO. Mr. Lileikis was appointed President of GABY in 2021. Reported Earnings • May 03
Full year 2022 earnings released: US$0.04 loss per share (vs US$0.018 loss in FY 2021) Full year 2022 results: US$0.04 loss per share (further deteriorated from US$0.018 loss in FY 2021). Revenue: US$21.8m (down 15% from FY 2021). Net loss: US$29.3m (loss widened 202% from FY 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 01
Third quarter 2022 earnings released: US$0.005 loss per share (vs US$0.005 loss in 3Q 2021) Third quarter 2022 results: US$0.005 loss per share (in line with 3Q 2021). Revenue: US$5.35m (down 29% from 3Q 2021). Net loss: US$3.76m (loss widened 10% from 3Q 2021). Reported Earnings • Aug 30
Second quarter 2022 earnings released: US$0.004 loss per share (vs US$0.002 loss in 2Q 2021) Second quarter 2022 results: US$0.004 loss per share (down from US$0.002 loss in 2Q 2021). Revenue: US$5.18m (down 44% from 2Q 2021). Net loss: US$3.04m (loss widened 136% from 2Q 2021). Tillkännagivande • Jul 19
Gaby Inc. Announces Changes to its Board of Directors GABY Inc. announce that Glenn Solomon QC has been appointed to the Board of Directors, effective July 14, 2022. Mr. Solomon replaces Mr. Loreto Grimaldi who stepped down from the Board effective, July 13, 2022. Mr. Solomon is a Calgary lawyer and businessperson. He has a BA (University of Calgary), a law degree (University of Alberta) and two Masters of Law Degrees (Osgoode Hall Law School, York University, Toronto), as well as a "Director" designation from the Institute of Corporate Directors (ICD.D). Mr. Solomon is a Fellow of the Chartered Institute of Arbitrators (UK) and a Fellow of Litigation Counsel of America which is limited to one-half of one percent of lawyers. In 2010, Mr. Solomon was awarded a Queen's Counsel designation by the Lieutenant Governor on behalf of the Queen in Right of Alberta, an honor bestowed on only the highest-ranking lawyers. He has also been honoured as a recipient of the Alberta Centennial Medal in recognition of his significant contributions to his fellow citizens, his community and Alberta, and was honoured as a recipient of the Queen Elizabeth II Diamond Jubilee Medal in 2012 in recognition of his significant contribution to his countrymen and his community. Mr. Solomon has had an AV Preeminent peer review rating continuously since 2012, and an AV Preeminent judicial review rating continuously since 2015, in legal ability and ethical standards from LexisNexis Martindale-Hubbell and Lawyers.com - the higher rating given. He has also been consistently recognized as a peer-reviewed leading practitioner by Best Lawyers in Canada in Corporate and Commercial Litigation since 2015, and in Privacy and Data Security since 2021. In 2022, Best Lawyers in Canada recognized Mr. Solomon as the "Lawyer of the Year" in Privacy and Data Security in Calgary. He has been recognized as a "Litigation Star" by Benchmark Litigation since 2012, in the areas of Administrative Law, Arbitration, Commercial Litigation, Energy Litigation and Insurance Litigation. Since 2014, Mr. Solomon has been recognized as a distinguished practitioner in Dispute Resolution by Chambers Global, the internationally renowned legal directory. Mr. Solomon has been recognized among Litigation and Product Liability Lawyers by Legal Media Group Guides to the Litigation Lawyers, Expert Guides (2014 - 2016), as a "Top Rated Lawyer in Canada" by Corporate Counsel Magazine (2013 - 2014), The American Lawyer Magazine (2013 - 2014), and American Lawyer Media (2013 - 2014). Reported Earnings • May 31
First quarter 2022 earnings released First quarter 2022 results: Revenue: CA$7.33m (up 115% from 1Q 2021). Net income: CA$1.55m (up CA$4.07m from 1Q 2021). Profit margin: 21% (up from net loss in 1Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2021 earnings released: CA$0.023 loss per share (vs CA$0.056 loss in FY 2020) Full year 2021 results: CA$0.023 loss per share (up from CA$0.056 loss in FY 2020). Revenue: CA$32.4m (up CA$28.4m from FY 2020). Net loss: CA$12.2m (loss narrowed 4.5% from FY 2020). Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Board Change • Dec 31
High number of new directors Independent Director Loreto Grimaldi was the last director to join the board, commencing their role in 2021. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.006 loss per share (vs CA$0.006 loss in 3Q 2020). Revenue: CA$9.53m (up CA$8.72m from 3Q 2020). Net loss: CA$4.29m (loss widened 209% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.007 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$11.3m (up CA$10.5m from 2Q 2020). Net loss: CA$1.58m (loss narrowed 6.6% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Tillkännagivande • Jun 18
GABY Inc. Announces State-Wide Launch of New Lifestyle Cannabis Brand, Kind Republic GABY Inc. announced the statewide launch of Kind Republic™, a California based lifestyle cannabis brand. Formerly an exclusive brand to Mankind Dispensary, it is set to launch state-wide on June 28, 2021. Manufactured and distributed by GABY owned Sonoma Pacific Distribution Inc. ("Sonoma Pacific"), Kind RepublicTM products will soon be available in dispensaries across the State of California. Kind RepublicTM caters to Californian's outdoor lifestyle culture, launching with a selection of prerolls, concentrates, and flower, cultivated and crafted in California keeping with the dispensary's high-quality roster of cannabis products. The new offerings will be promoted across the state and will also remain available to purchase in-store and online, through Mankind Dispensary. Reported Earnings • May 13
Full year 2020 earnings released The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CA$4.07m (down 63% from FY 2019). Net loss: CA$12.8m (loss narrowed 44% from FY 2019). Tillkännagivande • Feb 05
GABY Inc. announced that it has received CAD 8.646456 million in funding On February 4, 2021, GABY Inc. (CNSX:GABY) closed the transaction. The company issued 172,929,123 subscription receipts for gross proceeds of CAD 8,646,456.15. Tillkännagivande • Jan 23
GABY Inc., Annual General Meeting, Mar 25, 2021 GABY Inc., Annual General Meeting, Mar 25, 2021. Tillkännagivande • Jan 09
GABY Inc. to Appoint Javier Estades to its Board of Directors GABY Inc. will appoint Javier Estades to its board of directors. As President and CEO of Tabacalera USA Inc., Javier's expertise in branding, customer experience, retail strategy, and online sales, will be invaluable to the future of GABY. 