tiprankstipranks
Trending News
More News >

Indiva Excels in 2023 with Record Financial Results

Indiva Excels in 2023 with Record Financial Results

Indiva (TSE:NDVA) has released an update.

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1