QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Releases Second-Quarter 2022 Financial Report
PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is reporting its interim unaudited consolidated financial results for the three and six months ended Sept. 30, 2021. Highlights of the report include an increase of gross revenue and gross margin; all figures are in Canadian dollars. PlantX gross revenue for the three-month period ended Sept. 30 totaled $2,826,790, an increase of $2,499,788 from the gross revenue generated for the same period in 2020, with gross margin of $1,292,963, compared to $15,913 for the same period in 2020. In addition, the company reported cost of sales reaching $1,533,827 with net loss of $7,617,163 — $3,394,397 of that amount was the result…