leadf
logo-loader
viewHelix Technologies

Helix Technologies reveals revenue surge and doubling of Cannalytics platform use in its 2Q

Helix Technologies Inc's (OTCQB:HLIX) Garvis Toler tells Proactive the firm reported a revenue surge in its first half of US$9.3 million, an increase of 28% over the same period last year, while its adjusted earnings (EBITDA) expanded to US$2 million from US$259,000.

For its second quarter, Toler says cash flows from operations rose 162% year-on-year to US$446,000, adding that the number of clients using its Cannalytics platform more than doubled in the quarter to over 200.

Quick facts: Helix Technologies

Price: 0.26 USD

OTCQB:HLIX
Market: OTCQB
Market Cap: $33.01 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Helix Technologies named herein, including the promotion by the Company of Helix Technologies in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Helix Technologies launches online medical marijuana reciprocity portal in...

Helix Technologies Inc (OTCQB:HLIX) COO Moe Afaneh tells Proactive that New Mexico's online medical marijuana reciprocity portal, which Helix worked with the state government to set up, is live and has been serving out of state patients living or vacationing in New Mexico. Afaneh says the...

on 08/26/2020

2 min read