Business
Greenway Announces Filing of its Audited Year-End Financial Statements For the Fiscal Year ended March 31, 2025
Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF) ("Greenway" or the "Company"), a cultivator of high-quality greenhouse cannabis for the Canadian market, today filed its audited annual financial statements for the year ended March 31, 2025.
About this update from Greenway Greenhouse Cannabis Corp.
[{"type":"text","content":"KINGSVILLE, ON, July 23, 2025 /CNW/ - Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF) ("Greenway" or the "Company"), a cultivator of high-quality greenhouse cannabis for the Canadian market, today filed its audited annual financial statements for the year ended March 31, 2025.","length":317,"tagName":"p"},{"type":"image","alt":"Greenway Greenhouse Cannabis Corporation Logo (CNW Group/Greenway Greenhouse Cannabis Corporation)","displaySize":"","headline":null,"caption":"Greenway Greenhouse Cannabis Corporation Logo (CNW Group/Greenway Greenhouse Cannabis Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":133,"url":"https://media.zenfs.com/en/cnwgroup.com/b3d8cd93318fa0a2c162a3c6bb879010"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/haGNhz0cdBekcI3rWfdOMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIzNDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/b3d8cd93318fa0a2c162a3c6bb879010","width":400,"height":133}},"href":"https://mma.prnewswire.com/media/2736395/Greenway_Greenhouse_Cannabis_Corporation_Greenway_Announces_Fili.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company is pleased to report the following results for the year ended March 31, 2025. All amounts are expressed in Canadian dollars:","length":136,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Annual net revenue of $8,948,943 for the year, an increase of 71% compared to the prior year. Fourth quarter net revenue was $3,071,106, an increase of 107% from the same quarter in the prior fiscal year","length":203,"tagName":"p"}]},{"val":[{"type":"text","content":"Total grams or grams equivalent sold during the fiscal year were 6,803,628, representing a 23% increase year-over-year.","length":119,"tagName":"p"}]},{"val":[{"type":"text","content":"Annual average sales price of $1.32 per gram, up 40% from the prior year with a fourth quarter average sales price of $1.46 per gram.","length":133,"tagName":"p"}]},{"val":[{"type":"text","content":"Average cash cost per gram sold of $0.83 per gram, with a fourth quarter cost per gram sold of $0.73.","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $1,181,419, compared to a negative adjusted EBITDA of $624,391 in the prior year.","length":100,"tagName":"p"}]}...