RE:RE:RE:Tilray's Last Report Summary (Link)Profitability comes with increased sales and lower expenses, this is not changing topics etc this is clarifying a point you seem to be confused about.
If you were to start your own business you would have to invest money into it. For your business to be successful you would need to provide a product or service folks wish to purchase (that's called sales).
Over time your business becomes profitable as you increase sales and manage your expenses. This is exactly what I see in Tilray after reviewing the prior 4 quarter reports.
The time needed to turn profitable differs between companies. There is no fixed rule for how long this should take. Currently Tilray Brands is nothing cash flow positive from operations this summer with the supporting report being issued in October.
The upcoming July Report will be the FY 2024 Year end Report. That report will land with net revenues somewhere around $800 Million USD (apx $1 Billion CAN) in net revenue and (ideally) a lower expense number than the Q3 report.
Did your research not pick up on this ?
Please explain why you do not know this? You should have prior to selling short on this title.
Best Regards
Q