Hill Inc ( (TSE:HILL) ) has issued an update.
Hill Incorporated reported its Q2 FY 2025 financial results, highlighting an improvement in net loss by 44% compared to the previous year. The company saw an increase in DehydraTECH licensing revenues on an adjusted basis, despite a decline on an accounting basis. The Vin(Zero) alcohol-free wine business experienced a strong six-month performance, with a 20% increase in net revenue year-to-date, although quarterly figures were impacted by inventory and revenue cycle timing. Despite these challenges, Hill’s focus on cost management contributed to narrowing its net loss.
More about Hill Inc
Hill Incorporated, formerly Hill Street Beverage Company Inc., is a progressive bioscience implementation company focused on promoting healthier living. It leverages its expertise in consumer packaged goods (CPG) to commercialize advanced technologies, offering superior cannabis solutions and non-alcoholic beverage products globally.
YTD Price Performance: -2.37%
Average Trading Volume: 939
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $989.3K
Learn more about HILL stock on TipRanks’ Stock Analysis page.