Initiating Coverage: Auxly Cannabis Group

By Bill McNarland On Apr 29, 2024

In an analysis of Auxly against 12 competitors in the TDR Canadian Cannabis Integrated Index, the company ranks last (13/13) in market cap, indicating a need for market presence improvement. It also performs below average in revenue and revenue growth, ranking 9/13 and 10/13, highlighting the necessity for enhanced growth strategies. Auxly’s operational efficiency requires attention, as evidenced by its rankings in COGS/Revenue, SG&A Expense Ratio, and D&A Expense, which suggest the need for improved operational strategies. However, Auxly demonstrates financial strength, with good rankings in Free Cash Flow (FCF)…

Bill McNarland

Bill (William McNarland, CFA) has over 25 years of experience in complementary areas of the capital markets, encompassing private equity and credit due diligence, economic and stock research and corporate finance. He has served on the boards of six different companies and has fulfilled roles as a Trustee and member of the Investment Review Committee for regulated investment funds. Having completed nine degrees and designations, with a notable distinction as a Chartered Financial Analyst, Bill is currently advancing his academic pursuits with a Master's in Psychology. Furthermore, he is a published author of seven books, all of which are available on Amazon.