Valdas London based head of technology during the day, writer at night. Valdas writes about finance, economy, and technology. London based head of technology during the day, writer at night. Valdas writes about finance, economy, and technology.
Despite the impressive growth, the current model does not allow the company to generate even remotely similar revenues abroad compared to its domestic market. In Q2, 2020, the average quarterly revenue per user was $0.14 for international vs. $2.5 for the US based users.
Year ending May 31,2020, the company registered substantial growth in revenue rising from $89,303 million to $204.736 million. Aphria also increased its expenditure on sales almost fivefold ($4.9 to $21.0 million) compared to the earlier period
At Canopy Growth Group, the main strategy is to initiate acquisitions and then get unreasonably rewarded for it. Year ending March 31,2020, the company spent $320.27 million on share-based compensation.