Tilray Brands, Inc. TLRY

$1 in $10 of gross profit

[Keeler]

goes into Irwin(Simple) Simons pocket.

And apparently his performance bonuses are based on Gross Revenue - not bottom line profit.
He can buy all the failed unprofitable companies he wants - as long as they increase top line revenue, profit isn't an incentive

Post by Keeleron Mar 29, 2024 10:23am

100 Views 

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.

[Realistic44]

Very good post, Keeler, because that is the truth. Intervention from top institutional shareholders is needed and it is a mystery why they haven't moved in yet. Regardless of these true facts, the same Hexo Guru (SSL) lovers are still pumping Tilray's CEO Irwin without acknowledging his bad business decisions. True facts and numbers will always win against the fallacy of wishful thinking.&

[Oldweed]

I think you will find there are institutions that have moved into tilray as short positions. As far as I have read Tilray is the numbweer 1 shorted stock in the sector.

[CaneIsAbel]

This is correct. With well over 100 million shares being sold short, you're definitely not alone Oldweed in your concerns. With that being said there's also no shortage of institutions and retail investors who believe in the bullish thesis and Tilrays Brands course of action 

[CaneIsAbel]

I for one firmly believe the Canadian market will prove very lucrative when the infancy matures contrary to what you think. I believe Tilray Brands will be a dominate player and I definitely believe the shorts who remain will be squeezed to oblivion 

[Oldweed]

Actually, I didn't say the Canadian market isn't lucrative, a 5-10 billion dollar market is nothing to sneeze at. I even pointed out a couple of companies that are doing very well, but imagine how well these companies will do if market conditions improve! It speaks to my point, these companies are proving their MJ model and are ready to export their business. As the faulty models fall out

[Oldweed]

This is actually what concerns me the most, and I also find the most difficult to try and track. We can see the usuall short positions but what makes me nervouse are what are the institutions actually investing in. For example, we often see bought deals where say a bank will hand over money for company shares and interest. Those same institutions can then collect the usuall banking interest and at

[CaneIsAbel]

When shares are sold to a bank or a firm in exchange for investment capital. They absolutely can and do sell those shares short as a hedge depending on the company. Doing so can prove very costly as well should the share price rise significantly.  Contrary what people believe, shorts can not decrease an SP. They can manipulate by holding a large amount of shares that they can sell triggering

[CaneIsAbel]

You can say well the USA has more people bigger market. Then I can say well then the competition will be even fiercer in USA.  A bearish thesis against TLRY applies to the MSO's too in every aspect.  But as I said I believe the bullish arguments are the better arguments  and Tilray Brands will prove it 

[Oldweed]

Agreed, there are some things out of a companies control, there are however some things within the company control. A company can ensure the core busines is sustainable on itself (so that any money raised can be focused on growth). Share buy back programs are another way, GTII comes to mind, they have an in market buy backprogram in place, when jyou look at the SP action between GTII and TRUL you

[CaneIsAbel]

Well this after all I have to agree with.  Definitely will be up to the business and company itself to ultimately determine where the share price settles and is valued. I said this in past posts. Will be up to Irwin Simon to make good on his projections there isn't much room for error 

[CaneIsAbel]

My differences with you arise not because you don't raise legitimate concerns (from a different view point then me). It's that you are a Curaleaf investor and I don't see a difference in the least. As a matter of fact I believe Tilrays long term play in alcohol will prove short term far better then those engaged in cannabis south of the border. That's yet to prove true but we'

[CaneIsAbel]

It doesn't make me nervous. Those firms typically just want to make money. So they invest other peoples capital worry free with a plan to short or bank if they believe the company's share price will rise and they collect interest. If their investment fails it's a wriye off but I assure you shorting carries risks and it's not taken lightly.  Tesla was also the most heavily