2021 PEICMC Annual Report

OPERATING EXPENSES ANALYSIS

Category

Fiscal 2021

Net Receipts from Sales

$17,011,553 $3,309,813

Gross Profit

Net Profit

$564,792

General & Administrative Expenses

$3,931,661

Gross Profit as a Percentage of Net Receipts Net Profit as a Percentage of Net Receipts

19.46%

3.32%

General & Administrative Expenses as a Percentage of Net Receipts

23.11%

PEI Cannabis Î.-P.-É. • 2021 Annual Report 29