Business

RUM Reports Q1 2016 Consolidated Financial Results

RUM Reports Q1 2016 Consolidated Financial Results Edmonton, Alberta (FSC...

articleRocky Mountain Liquor Inc.May 27, 20165/company/rocky-mountain-liquor-inc/news/rum-reports-q1-2016-consolidated-financial-results
RUM Reports Q1 2016 Consolidated Financial Results

About this update from Rocky Mountain Liquor Inc.

[{"type":"text","content":"RUM Reports Q1 2016 Consolidated Financial Results \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t RUM Reports Q1 2016 Consolidated Financial Results\n Edmonton, Alberta (FSCwire) - Rocky Mountain Liquor Inc. (TSX-V: RUM) (the “Company” or “Rocky Mountain”), listed on the TSX Venture Exchange (the “Exchange”), today reported its financial results for the 3 month period ending March 31, 2016.\n\n \n\nKEY OPERATING AND FINANCIAL METRICS\n\n \n\nKey operational and financial highlights, year over year 3 month comparison:\n\n \n\n\n\tSales decreased to $9.5M (2015 -  $10.4M)\n\tEBITDA decreased to a loss of $272,079 (2015 – earnings $6,224)\n\tNet loss is $625,324 (2015 - $320,276)\n\tGross margin percentage decreased to 24.1% (2015 – 25.6%)\n\n\n \n\nTotal sales for the three month period ended March 31, 2016 were $9.5 million. Sales are lower than the same quarter in 2015 by $900k due to the closure of one s...

More updates from Rocky Mountain Liquor Inc.