Indiva (TSE:NDVA) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Indiva Limited, a Canadian leader in cannabis edibles, announced strong fiscal year 2023 results, achieving record net revenue, improved gross margins, and record positive EBITDA and income from operations. The company maintained its top market share in the edibles category and saw a significant increase in net revenue from in-house developed brands. Despite some legislative setbacks, Indiva is committed to innovation and has a pipeline of new products ready to launch in 2024.
For further insights into TSE:NDVA stock, check out TipRanks’ Stock Analysis page.