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Waterloo Brewing Ltd.

10:34 AM EST - Waterloo Brewing Ltd. :

Announced financial results for the second quarter of fiscal 2023 which ended on July 31, 2022. Waterloo Brewing reported EBITDA for the second quarter of fiscal 2023 of $5.1 million, on net revenue of $29.5 million. Net revenue of $29.5 million, decreased from $34.2 million in the prior year. Gross profit of $6.8M, decrease from $11.2 million in the prior year. Selling, marketing and administration expenses of $4.0 million, reduced from $4.9 million in the prior year. Waterloo Brewing Ltd.

shares T.WBR are trading down $0.02 at $4.48.