preloader icon



Apex Trader Funding (ATF) - News

Nevis Brands Reports Financial Results for Q1 2024

* Generated revenue of $380,729, Gross Profit of $242,835 in Q1 SEATTLE, April 16, 2024 /CNW/ - Nevis Brands Inc. (CSE:NEVI) (OTCQB:PSCBF) ("Nevis" or the "Company") a leading provider of cannabis beverages brands, today reported its financial results for the first fiscal quarter ended February 29, 2024.  All currency references used in this news release are in Canadian currency unless otherwise noted. For the quarter, Nevis generated $380,729 in revenue and Cost of Goods Sold of $137,223 for a Gross Profit of $242,835. Net loss for the quarter was $82,117. When excluding interest, depreciation and amortization, the loss was $20,535. Management Commentary: John Kueber, CEO of Nevis Brands, commented, "We are pleased to start our fiscal 2024 by remaining close to our Q4 2023 revenues and continuing to build our market footprint.  While some initial revenues from