Yes quinlash, Tilray repported a 117% increase in theiralcohol sales - good for them.
Informed, educated investors aren't comlaining about that - what educated investors undersatnd is that Tilray's cost to produce it's products are out of control. The alcohol 'Cost of Goods Sold' resuletd in a Net Margin of just 34% - while the average in the alcohol sector is in the 50-60% range.
The Gross Profit has to be suffieient to cover the Operating Expenses which are deducetd from it - and in Tilray's case, they arent enough and result in continued Net Losses, negative cash flow and cash burn.
Increasing revenue by 817% doesnt matter if your associated expenses also increase - your simply spinning your wheels.
Simple Simon was finally booted from Hain beacuse he bought too many small, bankrupt companies - 'Growth by Acquisition' - and they were never able to integrate all the operational, administartive and production expenses -it was a glob of dis-associated, floundering companies.
Simon is doing the sam eiwth Tilray - do you honestly think that AB gave up 8 craft breweries because they were money making, profitable, cash generating operations with bright futures????
Comment by
quinlashon Feb 22, 2024 12:55pm 
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Post# 35893639
RE:RE:RE:Ironic these feel good news
Tilray reported a 117 percent increase in their alcohol sales and people complained. They roll out more and more new and innovative products, and people complain. They build business in Germany for Cannabis legalization, again, nothing but complaints.
If you're not interested in a growing company as an investment then pass your shares to someone who is and stop your complaining.
Simple isn't it.