Tilray Brands Inc TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.

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Tilray Brands Inc > TLRY 2025 Q1 132% Growth

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Comment by Maerskon Nov 10, 2024 10:16am

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Post# 36305234

RE:TLRY 2025 Q1 132% Growth

Tilray claims beverage alcohol net revenue increased 132%.

Looking at the numbers, Tilray used the gross beverage alcohol revenue minus the excises taxes to compare this year Q1 to last year. This is incorrect.

The actual increase in net revenue is the gross revenue minus the taxes minus the cost of goods sold. Using the correct numbers the net revenue increased by 75%, not 132%.

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