Whenever I read one of Professor quin lash'selementery level lectures on 'how it works' - I picture a Grade 6 student in front of a Grade 12 trigononomy class, explaining:
1.00 minus .65 = .35
as he posted on SH a few weeks back. He actually thinks that if he just discovered something new to him - then no-one else knew about it, so he's expalining.
The problem with his nonsense below is that Tilray's cannabis revenue is actually decreasing - and while alcohol sales are up, the only reason for it is when you buy new company's, you inherit their existing revenue.
The craft brewers however, caused the division gross margin to decrease from 44% to 34% - as Tilray states 'due to higher production costs'.
The gross profit is rvenue minus cost of goods sold, the remaining number pays for all otehr operating expenses - including the $30 million compensation paid to Simple Simon.
Tilray's ever decreasing gross margin, with no decrease in operating expense does not lead to positive cash flow - it simply leads to more 'NET LOSS'
Tilray told investors that the company would be cash flow positive in Q4 - then withdrew that guidance when Q3 financials were released. Quinlash is incorrect to state they are now saying Q1 - they did NOT give any specific timeline or guidance, but it's estimated to be later in 2025 or 2026.
I would not expect quinlash's 'research' to pick up on this - he relies on press releases from the company itself, which have not been accurate or relaible.
Post by
quinlashon Jul 10, 2024 1:20pm 
51 Views
Post# 36126629
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.