About Lowell Herb Co.Lowell Herb Co. has elevated the perception of cannabis consumption with its sophisticated packaging and best-selling products. INDUS beteiligt ihre Aktionäre mit einer regelmäßigen Dividendenausschüttung am Geschäftserfolg. McMillin” warned Lawrence that McMillin “doesn’t want to have to discipline the guy who’s banging his wife,” the lawsuit alleges. Also named in the suit is Robert Weakley, the co-founder and former CEO of Indus Holdings. Allowing the team to penetrate in over 70 net-new dispensaries and garnered the highest month of revenue for the brand to date. So take a peek at this free list of interesting companies with high ROE and low debt. Decision to limit the financing of a subsidiary company . The company reported pre-tax profit of €30.1 million which is nearly on par with the strong figures from Q1 2018 (€30.3 million). Seit The Medical Engineering and Life Science segment comprises of orthotic devices, surgical stocking, optical lenses and full optical devices, surgical accessories rehabilitation technology, and hygienic products for medical applications and household use. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. Seiten besucht werden. *Die Deutsche Börse definiert als Streubesitz alle Aktien, die nicht von Großaktionären (Anteil am Aktienkapital von mindestens 5 %) gehalten werden. INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs. Mr. Lawrence brings more than 25 years of leadership . Furthermore, his predecessor Jürgen Abromeit became chairman of the supervisory board (which is rather unusual for German companies as normally a cooling-off period of at least two years is required before such change of roles). Andere Cookies helfen uns, die Inhalte zu This corresponds to an increase by close to 10 percent. Indus Holding Company has raised a total of $49.1M in funding over 3 rounds. . The company is a supplier of various detector solutions to the food and healthcare industries. Moon launched four different SKU’s from its highly anticipated gummy line, the first expansion into gummies for the brand. Weakley served as CEO of Indus Holdings until April 2020, when the company was recapitalized. This browser is no longer supported at MarketWatch. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. Last edited on 19 February 2023, at 00:53, Learn how and when to remove this template message, "What are the adverse impacts caused by the development of wilderness inholdings? The environmental upgrades will help mitigate implications experienced from the wildfires and extreme temperatures experienced in the summer. Currently, Indus Holding is in the process of an acquisition of 89.9 percent of specialized detector and systems producer Mesutronic Gerätebau GmbH. Today I will take a look at how the company has developed since and line out why I believe that despite some short-term downside potential, I believe the stock will be able to create more value in the long run. We aim to bring you long-term focused analysis driven by fundamental data. At one point, according to the suit, Mrs. McMillin warned Lawrence that “the budding sexual relationship” “[c]ould risk your job.”, The suit alleges a hostile work environment, sexual harassment and retaliatory termination, and it seeks unspecified damages. A description of additional assumptions used to develop such forward-looking information and a description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in Indus’ disclosure documents, such as Indus’ listing statement filed on the SEDAR website at www.sedar.com. The image below shows that INDUS Holding has an ROE that is roughly in line with the Industrials industry average (11%). Under the Eastern Wilderness Act, public agencies are allowed to seize wilderness inholdings if the owner of the inholding manages their land in a manner "incompatible with management of such area as wilderness".[2]. This was a 40% year-over-year growth from the third quarter last year and an increase of 43% from the prior quarter. Intraday Data provided by FACTSET and subject to terms of use. THE COMBINED COMPANY WILL OPERATE UNDERTHE NEW NAME: LOWELL FARMS INC. See “Use of Non-IFRS Financial Information” below. Indus updated investors on the effects of the fires that devastated the West coast. verwendet individualisierte Werbeinhalte für However, Indus expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. Zielgruppen zu erstellen. The messages included both image of the McMillins engaged in various sex acts with each other and others, the suit alleges. Since 1995, INDUS Holding AG has been listed in the Prime Standard of the Frankfurt Stock Exchange (DE0006200108); in 2020, the Group generated sales of around EUR 1.56 billion. Metalltechnik GmbH & Co. KG ("SMA"). The conference call will be webcast live and archived on the investor relations section of the Lowell Farms website at https://ir.indusholdingco.com/. ", “The cannabis industry is awash in brands competing for our attention, but Lowell has risen to the top of the fray as a brand that simultaneously empowers a movement, welcomes the curious, and greets the reacquainted all with a grace and elegance that other brands can only aspire to,'' said George Allen, Chairman of the Board for Indus Holdings, Inc. “Every resource under our control will be employed in unlocking Lowell’s full potential.”. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. The suit also identifies Lawrence as a survivor of childhood sexual assault and rape, whose traumatic experiences left him “more susceptible to quid pro quo sexual manipulation than a normally healthy person.”. Indus Distribution, a division of Indus Holdings, Inc., is a leading distributor of cannabis products, servicing an extensive portfolio of brands and licensed retailers. ABOUT LOWELL FARMSLowell Farms (CSE:LOWL; OTCQX:LOWLF) is California-based vertically-integrated cannabis company with advanced production capabilities supporting every step of the supply chain; including cultivation, extraction, manufacturing, brand sales, marketing, and distribution. About Lowell Herb Co. Indus is constantly looking for potential acquisition targets fitting to its investment criteria. Mesutronic has an annual revenue in the range of €24 million (profitability figures are not publicly available). *Die Deutsche Börse definiert als Streubesitz alle Aktien, die nicht von Großaktionären (Anteil am Aktienkapital von mindestens 5 % . Welcomes Bruce Gates to Board of Directors; Announces Results of Annual Shareholder Meeting, Indus Holdings, Inc. Appoints Board Member Brian Shure as Chief Financial Officer, Steve Neil will remain at the Company in a senior capacity, Indus Holdings, Inc. announces the acquisition of Lowell Herbs Co. As the Company continues to evaluate its cultivation processes, refine genetics, and enhance facilities and systems, the focus has been on improving the output. He is currently a Board member and Chairman of its Audit Committee. A former executive of a major publicly traded California cannabis company has sued his old employer, alleging that he was fired after he declined repeated offers to sleep with a fellow c-suite member’s wife. per shift to 100 lbs. CEO Dr. Johannes Schmidt; source: Indus Holding AG. Lowell Farms Inc. “Despite the headwinds caused by the wildfires, our Q3 results are the direct result of a strategy that prioritizes increased cultivation output and the Indus family of owned products,” says Mark Ainsworth, Chief Executive Officer for Indus Holdings, Inc. “While exceeding our expectations for the quarter, our performance was well short of where we could have been but for the impact of the wildfires and we are taking steps to be better prepared in the future.”. an diese Seite übermittelt. Statistik-Cookies helfen uns als A description of additional assumptions used to develop such forward-looking information and a description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in Indus’ disclosure documents, such as Indus’ annual information form filed on the SEDAR website at www.sedar.com. Required fields are marked *. In the latter case, the use of debt will improve the returns, but will not change the equity. Crain Communications Inc © 2017 – document.write(new Date().getFullYear());. XETRA, Düsseldorf, Frankfurt (Regulierter Markt); Berlin, Hamburg, Hannover, München, Stuttgart, SDAX, DAX International Mid 100, DAXsector Financial Services, Daxsubsector, Hauck & Aufhäuser Lampe Privatbank AG, ICF BANK AG, ODDO BHF. While revenue grew moderately by 4.28 percent to slightly above €1.7 billion, EBIT fell to €134.7 million (down from €152.9 million). ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity. --Indus Holdings, Inc., a leading, vertically-integrated cannabis company, has appointed Kevin Lawrence to the role of Chief Revenue Officer. An increase in the cost of goods sold as a percentage of sales from 44.78% to 46.49% was a component in the falling net income despite rising revenues. . Adjusted EBITDA for the three-month period ended December 31, 2020, was ($3.7 million) compared to ($13.2 million) in the fourth quarter last year; Adjusted EBITDA for the year-end December 31, 2020, was ($9.8 million) compared to ($36.0 million) in 2019. Analyst’s Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. My concern is that due to its strict criteria, the company might lose out on one or another otherwise interesting potential acquisition during a market downturn while during periods of a relatively strong economy, it may be forced to overpay due to competition from other potential buyers may they be strategic or from the field of private equity. der Verwendung von Cookies zuzustimmen. SALINAS, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Indus Holdings, Inc. (CSE: INDS; OTCQX: INDXF), a leading, vertically-integrated cannabis company, has appointed Kevin Lawrence to the role of Chief Revenue Officer. Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. Intraday data delayed at least 15 minutes or per exchange requirements. Informationen. I wrote this article myself, and it expresses my own opinions. In-holdings result from private ownership of lands predating the designation of the park or forest area, or the expansion of the park area to encompass the privately owned property. In the first two cases, the ROE will capture this use of capital to grow. Wir verbinden den Kapitalmarkt mit dem deutschsprachigen Mittelstand.  -, INDUS HOLDING AG : Warburg Research reiterates its Neutral rating, INDUS HOLDING AG : Ex-dividend day for final dividend, Indus Holding Ag : INDUS holds physical Annual Shareholders' Meeting, Indus : holds physical Annual Shareholders' Meeting, WEEKLY FORECAST: Dates until May 26, 2023, Indus Holding shareholdings grow - portfolio restructuring progresses, INDUS Holding AG Reports Earnings Results for the First Quarter Ended March 31, 2023, Indus Holding Ag : Press release on the first quarter of 2023, INDUS Holding AG Provides Earnings Guidance for the Full Year 2023, INDUS HOLDING AG : Warburg Research remains Neutral, Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange. 23-Sep-2022 / 14:06 CET/CEST Indus Distribution, a division of Indus Holdings, Inc., is a leading distributor of cannabis products, servicing an extensive portfolio of brands and licensed retailers. I am not receiving compensation for it (other than from Seeking Alpha). The table below reconciles Net Loss to Adjusted EBITDA for the periods indicated. Their latest funding was raised on Oct 30, 2018 from a Series B round. After a strong first half, the second half saw weaker growth and declining margins. The 'return' refers to a company's earnings over the . The suit also names former board member Kevin McGrath, who resigned from the company on Jan. 11, 2022, according to company filings. On one occasion, Lawrence agreed to meet McMillin’s wife—who is identified in the suit only as “T”—for sex, only to back off in part because “Mrs. Operational Highlights and Ongoing Initiatives in 2021: The Company’s focus and strategic planning of key initiatives continue to drive sustainable profitable growth, with top priorities on its cultivation facilities, improving operational efficiency, and refinement of biological assets. EUR 69.928 million. Fourth Quarter and Fiscal Year Financial Highlights: The declined revenue and operating results in the quarter are primarily the direct result of suppressed cultivation yields resulting from the wildfires and extreme temperatures in late summer, and the resultant plant stress that ensued. Having said that, while ROE is a useful indicator of business quality, you'll have to look at a whole range of factors to determine the right price to buy a stock. Weakley later apologized for what he admitted was “a bad choice and it was offensive.”. However, they may be subject to additional federal and agency-specific regulations regarding access to their homes and use of their lands by their Federal agency neighbors. Following the market close on Monday, Indus Holdings, Inc.  (OTCQX: INDXF)reported its financial results for the third quarter ended September 30, 2020, with revenue at $14.1 million. wir mittelständischen Hidden Champions die Plattform, auf der sie ihr I am and have been for some time interested in various investment-related topics. One of the best investments we can make is in our own knowledge and skill set. Changes in operating assets and liabilities: Net cash received from disposition of business interest, Proceeds from convertible debentures, net of financing costs, Proceeds from subordinate voting share offering, Fees on subordinate voting share offering, Fees on public brokered private placement, Change in cash, cash equivalents and restricted cash, Cash and cash equivalents—beginning of year, Cash paid during the period for income taxes, Purchase of property and equipment not yet paid for, Property and equipment acquired via capital lease, Shares Issued in exchange for asset investment, Shares issued to acquiree in connection with reverse takeover, Shares issued in connection with convertible debenture conversion, Stock options issued associated with an acquisition, Net loss attributable to Indus Holdings, Inc. (IFRS), Depreciation and amortization in operating expenses. Wir sind mit INDUS erfolgreich, weil unsere Unternehmen in ihren Märkten erfolgreich sind. Contact: Nina Wolf, Jana Külschbach & Dafne Sanac Public Relations & Investor Relations INDUS Holding AG Kölner Straße 32 51429 Bergisch Gladbach Germany Tel +49 (0) 022 04 / 40 00-73, -35 Tel +49 (0) 022 04 / 40 00-32 E-mail [email protected] E-mail [email protected] www.indus.de =----- 2021-03-23 Dissemination of a Corporate News . The Company successfully completed the electrical, mechanical, and environmental upgrades with final approval from the county in the quarter. Indus said it is implementing automated environmental controls to mitigate similar losses in the future. Indus owned brands continued to gain market share by strategically expanding in a variety of categories in the third quarter of 2020: The company also announced that Brian Shure was appointed as Chief Financial Officer. Your email address will not be published. Please. Entering text into the input field will update the search result below. …ist diversifiziert und ausgerichtet auf klar definierte Zukunftsthemen. SALINAS, Calif., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Indus Holdings, Inc. ("Indus" or the "Company") (CSE:INDS; OTCQX: INDXF), a leading, vertically-integrated, California-focused cannabis. The effects of this decision on INDUS Holding AG's consolidated financial statements and the forecast are currently being reviewed and will be taken into account when preparing the financial statements for the third quarter of 2022. The lawsuit was filed in Monterey County Superior Court. Neither the Canadian Securities Exchange nor its Regulation Service Provider has reviewed, or accepts responsibility for the adequacy or accuracy of, the content of this news release. The Engineering segment includes conveyor systems, robotic gripping systems, valve technology, automation components for vehicle assembly, inert gas system equipment, and electric heat tracing system. However, I cannot guarantee accuracy. Sie ermöglichen The company is in the process of acquiring a majority stake in detector producer Mesutronic. Investor Relations ContactBill [email protected], Media ContactRenata [email protected], Company ContactMark Ainsworth [email protected], Forward-Looking Information and Statements and non-IFRS Financial Measures. Holding Companies means, collectively, the Company and Holdings, and each is a "Holding Company". That isn't amazing, but it is respectable. EQS-Ad-hoc: INDUS Holding AG / Key word(s): Strategic Company Decision 2019 started strong overall, yet not all segments performed equally well. Revenue generated for the three-month period ended December 31, 2020, was $9.2 million; a decline of 15% from the fourth quarter last year. That cash can come from issuing shares, retained earnings, or debt. In Q4, Indus commissioned an automated flower packaging line which meant an immediate 61% reduction in flower packing headcount. Opinions expressed by Forbes Contributors are their own. Based in California, Lowell Herb Co.’s ethos is reflected through its instantly recognizable bull logo that pays homage to the fight against cannabis prohibition. Thus the use of debt can improve ROE, albeit along with extra risk in the case of stormy weather, metaphorically speaking. …ist Spiegelbild unserer langfristig orientierten, nachhaltigen Unternehmensstrategie. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. In-holdings result from private ownership of lands predating the designation of the park or forest area, or the expansion of the park area to encompass the privately owned property. Revenue for the year ended December 31, 2020, was $42.6 million; 15% year-over-year growth. At one point, Lawrence did reciprocate, sending “Mrs. Bergisch Gladbach, 23 September 2022 - The Board of Management of INDUS Holding AG ("INDUS") has decided, with the approval of the Supervisory Board, to significantly reduce and place a time limit on INDUS's further financial commitment to its portfolio company S.M.A. There are currently no items in this Watchlist. Mr. Unsere Aktionär:innen sollen an diesem Erfolg über eine regelmäßige Dividende und eine positive Wertentwicklung teilhaben. I have no business relationship with any company whose stock is mentioned in this article. The engineering segment was able to increase revenue significantly by 23.1 percent to €109.3 million yet EBIT only slightly surpassed the previous year at €12.8 million (+2.4 percent) resulting in a lower EBIT margin. Log in to see them here or sign up to get started. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Indus to be materially different from those expressed or implied by such forward-looking information. INDUS verfügt über ein sehr stabiles Aktionariat. In the short term, the loss situation at SMA, which currently accounts for more than half of the losses in the Automotive Technology segment, will be largely or completely ended. There may be opportunities for further acquisitions going forward, especially if an economic downturn might decrease price levels. Florida Marijuana Legalization Measure Has Enough Signatures To Qualify For Vote, ‘Tiger King’ Joe Exotic Talks Cannabis, Conservation And Campaigning For President—From Prison, Stanley Cup Finals 2023 Odds, Picks And Player Profiles For Golden Knights-Panthers, Meet The Thai Entrepreneurs Building Bangkok’s First Cannabis Wellness Complex, NBA Finals Heat-Nuggets 2023 Odds, Preview, Picks And Props, Meet The Former Insurance Executive Who Built A $350 Million Cannabis Edibles Empire, Baked Thailand Enters Southeast Asian Market With FDA Approval, 3 Tools To Help You Prepare For, Enhance, And Integrate Your Next Psychedelic Trip. The medical engineering and life sciences segment grew its revenue moderately to €40.9 million (+4.9 percent YoY) while EBIT remained stable at €3.8 million. Companies usually need to invest money to grow their profits. So, based on the above formula, the ROE for INDUS Holding is: 11% = €73m ÷ €685m (Based on the trailing twelve months to December 2022). Indus Holdings, Inc. (CSE: INDS; OTCQX: INDXF) is a vertically-integrated cannabis company with advanced production capabilities, including cultivation, extraction, manufacturing, brand sales &. 730 Follower s Summary 2018 turned out rather challenging for Indus Holding AG despite a strong first half. While this is still manageable, I believe a development in the other direction would be more favorable in order to preserve as much financial power as possible in case opportunities for new acquisitions might arise. Indus Holding Company is funded by Moore Venture Partners. Find out what works well at Indus Holdings from the people who know best. To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Mit Klick auf „Details“ oder unsere Importantly, this is far from a perfect measure, because companies differ significantly within the same industry classification. I wrote this article myself, and it expresses my own opinions. The next month, Indus purchased Lowell Herb Co., a prominent brand known for pre-rolls and other products. Companies that can achieve high returns on equity without too much debt are generally of good quality. However, the Board Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. On one occasion, after a work function in Salinas, Lawrence was awakened by “a nude and heavily impaired McGrath” who climbed into bed with him, spooned him for a few minutes, and then left. EUR 6.357 million to approx. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. The consolidated book values of the SMA Group, consisting of fixed and current assets as well as liabilities at the sites in Germany, Romania, South Africa and China, amount to approximately EUR 60 million. 23-Sep-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.com. I remain convinced of the company's long-term potential. Aktionärsstruktur der INDUS Holding AG. Indus Holding's net debt grew to €600.5 million from €482.8 million as of the end of 2018. Nur mit den notwendigen Cookies, ist diese Weakley served as CEO of Indus Holdings until April 2020, when the company was recapitalized. See “Use of Non-IFRS Financial Information” below. Historical and current end-of-day data provided by FACTSET. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged. “Despite the headwinds encountered last year, we have much to look ahead and our shift in strategy to acquire Lowell Herb Co and become Lowell Farms will position us for the future,” says Mark Ainsworth, Chief Executive Officer for Lowell Farms Inc. “Our team has shown tenacity and drive to get to where we are, and I know what we are capable of achieving when all cylinders are turned on and we are executing to the best of our capacities. personalisieren und die Zugriffe auf unsere Website Put another way, it reveals the company's success at turning shareholder investments into profits. The company. Seitennavigation. It is important to consider other factors, such as future profit growth -- and how much investment is required going forward. This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. ET on Tuesday, March 2, can be accessed using the following dial-in information: Please dial-in at least 10 minutes before the call to register. Under the Wilderness Act (1964), the designated area cannot include the privately owned property within the border. For more information, visit https://lowellfarms.com and follow on Instagram @lowellfarms. Moon, a chocolate edible brand, continues its position in the top three highest selling brands in cannabis-infused chocolates according to BDS Analytics. Cookie Notice (). Gross margin (before net change in fair value of biological assets) of 8% compared to negative margin of 40% in the fourth quarter last year. Original Pot Co. successfully launched two additional new baked good SKUs in Q3 and grew 42% from Q2. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. For the holding company, dealing with critical topics can occasionally be like walking a tight-rope. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Portfolio of strains coming from the newly improved cultivation have consistently tested in the mid to high 20's for THC potency. When the park system was formed, many of these now-called "inholdings" had been in private ownership for generations and not available for sale when the park was formed. probably less cyclical compared to other companies of its segment - I expect Indus Holding to group it into the engineering segment - due to its foothold in the food and healthcare industries, it undoubtedly still has a clear cyclical component. "The Indus team’s commitment to growing excellent cannabis and the communities they serve also realizes Lowell’s mission to normalize cannabis in America. The Automotive Technology segment refers to the model or prototype construction for the automotive industry, pre-series and small series production, series production of components for large automotive manufacturers, testing and measurement solutions, and solutions for specialized vehicles. The issuer is solely responsible for the content of this announcement. Therefore, while I would not recommend existing shareholders to sell the stock, I believe that there is no need to hurry for interested investors in terms of buying the share at this point so long as one keeps an eye on the broader economic outlook. This page is not available in other languages. In an effort to simplify and refocus the business on owned brands, the Company has continued to move away from the agency and distribution aspects of its business. During the third quarter, the company said it experienced harvest weights that were on average 20% below the second-quarter levels. Uncover why Indus Holdings is the best company for you. Δdocument.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Unpack the industry with the daily cannabis newsletter for business leaders. In the United States, the main causes of inholdings is that all of the Federal land-management agencies were formed over a century after the government sold and issued land grants to private citizens to fund the administration of the United States. Holding Company: A holding company is a parent corporation, limited liability company or limited partnership that owns enough voting stock in another company to control its policies and management .
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