Tilray Brands Inc TLRY

Jeepers, sorry if my post sounds 'biased'

[Keeler]

and negative.
It's actually not - how can facts be biased?

The numbers are what they are - I didn't 'make them up' or change them,  they're from Tilray's financial statements. The guy makes too much money from Tilray.

Post by Keeleron Mar 29, 2024 10:23am

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Post# 35960025

Simple Simon's Compensation

The following numbers are taken directly from Tilray's financial statements filed on Januray 9, 2024. They are for the 6 month period ended Nov 30/23 - I've rounded a bit just for ease of reading


Net Revenue                  $    370,000,000
Cost Goods Sold                 (279,000,000)
Gross Profit                    $     91,000,000  (33%)
Operating Expenses       $   (168,000,000)

Operating Loss:              $   ( 77,000,000)

Simple Simon's annual compensation is approx $25 million USD - that's $ 12.5 million after 6 months.
If we take the the $12.5 milion and divide it by $91 million - Simon earns approx. 14% of Gross Profit.

Do you grasp this?
Tilray's Gross profit is $91 million - and Simple Simon gets $ 12.5 million of that (before Operating Costs  of $ 156 million are deducted)?

Does this actually make sense to you?
Basically - more than 1 out of every $10 of Gross profit goes into Simon's pocket. 

Simple Simon ain't no pieman - he's a milk man, and he's getting every penny out of Tilray that he can.

[CaneIsAbel]

Completely and totally biased. Many of the costs were part of expanding aquiring like TLRy did in USA more alcohol projected after synergies and integration to add 250 million net revenue to Tilray Brands south of the border.