The Hempshire Group, Inc. (TSXV: HMPG) (OTC: HMPSF) formerly known as Hoist Capital Corp, reported on Tuesday its second quarter financial results, revealing a year-over-year increase in revenue of 187% to $56,213.
Q2 2023 Financial Highlights
- Gross margins improved to 47% during the second quarter from a negative 53% in the comparative period. The comparative 2022 period was negative due to an inventory write-down of $24,966.
- Loss from operations totaled $514,728, representing a year-over-year improvement from $548,554 in …