TSX:XLY - Post Discussion
Post by
1hot-techwoman on May 13, 2024 9:52am
Decent Q1 !! Congrats Auxly :)
Q1 2024 Highlights and Subsequent Events -- Auxly achieved its best Q1 in its history across key metrics of revenue, margin and adjusted EBITDA; -- Record net revenues for a fiscal Q1 of $25.2 million, an increase of 5% compared to the same period in 2023; -- Achieved Gross Margin on Finished Cannabis Inventory Sold1 of 38% in the quarter, a record for historical Q1 periods; -- Record Adjusted EBITDA1 for a fiscal Q1 of $2.2 million, an improvement of 1,523% or $2.1 million year-over-year;
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