According to a report from Taat Global Alternatives, for the three-month period ending on July 31, 2022, the company generated revenue of CAD $17.47 million (equivalent to USD $12.93 million) and gross profit of USD $567,404. Assets increased 48.77% compared to the same quarter of the previous year, reaching USD $23.38 million.
I am very pleased with our performance in the third quarter of 2022 as it reflects the many achievements we have made in strengthening our financial position as a comprehensive innovator, manufacturer and distributor of tobacco alternative and other emerging product categories," said Michael Saxon, CEO of Taat in a statement.
We are continuing to strategically commercialize Taat as a category creator, which is now being sold in thousands of stores across the United States and United Kingdom, including prominent convenience and chain store display locations.
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