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KAVL — Kaival Brands Innovations News Story

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Brief: Kaival Brands Reports Fiscal 2023 First Quarter Financial Results

March 17 (Reuters) - Kaival Brands Innovations Group Inc
 KAVL.O :
    * KAIVAL BRANDS REPORTS FISCAL 2023 FIRST QUARTER FINANCIAL
RESULTS
    * KAIVAL BRANDS INNOVATIONS GROUP INC- QTRLY REVENUES ABOUT
$2.5
MILLION VERSUS ABOUT $2.8 MILLION
    * KAIVAL BRANDS INNOVATIONS GROUP INC - NET LOSS Q1 2023 WAS
ABOUT
$3.0 MILLION, OR $0.05 BASIC & DILUTED NET LOSS PER SHARE
    * KAIVAL BRANDS INNOVATIONS GROUP INC - AS OF JAN 31, 2023,
WE HAD
WORKING CAPITAL OF ABOUT $6.6 MILLION AND TOTAL CASH OF ABOUT
$3.8 MILLION

Source text for Eikon:  ID:nGNX9zt5tV 
Further company coverage:  KAVL.O 

 ((Reuters.Briefs@thomsonreuters.com;))

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