poor quinlash - doesn’t know how to read financials, so he just picks some terms he's heard but doesn't understand.
The cost of goods sold grew, not decreased in terms of Gross Margin. It costs Tikray more to produce products - margin has fallen fron 45% to 30%.
That gross profit pays the Operating Expenses. Quinkash - can you point out what operational expenses you say Tilray has improved upon?
Aside from terminating employees and closing facilities they overpaid for and now sit vacant that is.
And not recording expense - doesn't mean the expense was eliminated
Post by
quinlashon Oct 04, 2024 10:08am 6 Views
Post# 36253105
RE:Historical EPS
For someone with no skin in the game you seem pretty short in your views.
Here's the reality, TLRY did a lot of cost cutting and operational improvements. As much as you criticize TLRY for the HEXO deal, TLRY is contributing that acquisition with a great deal of cost savings as well as incremental revenue.
It was literally outlined in the press releases from the company and discussed in the earnings calls.
If the company removed expenses and started managing inventory in a more efficient manner then those expenses disappear. This is all part of doing business and making the company work more in a more mean and mean fashion.