RE:Analyzing Tilray's earnings report - Part 2The article is two years old and appears to be an attack article from a short seller.
The article contains references to cash coming in from the sale of assets, that's actually cash yes, and it went into the pocket of the company yes. The adjusted EBITDA number likely addressed this in the report from two years ago however I couldn't care less to go look.
In the last two years since the company has launch literally 100s of new products, expanded into Germany and gained #1 position there. They launched into Australia and the US. Tilray has purchased no less than 8 breweries and have them turning profits.
The last QTR report showed 225 million USD in net revenue, nearly 800 million net on the year and moved EPS to -.30
Every single projection for Thursdays report shows further improvement on EPS which (IMHO) is pointing to the company being relatively close to turning profitable.
I appreciate you trying to research etc however content that is 2 years old (accurate or not) ignores the developments which were rolled out by the company in the time since.
Best Regards
Q
- Long on TLRY