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

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Post by Savage97on Nov 21, 2024 12:36am

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King Cannabis Ahead of his Game Infused Drinks TOUCHDOWN!!!!

Financial Highlights – First Quarter Fiscal Year 2025

Net revenue increased 13% to $200 million in the first quarter compared to $177 million in the prior year quarter.
Gross profit increased by 35% to $59.7 million in the first quarter compared to $44.2 million in the prior year quarter. Gross margin increased to 30% in the first quarter compared to 25% in the prior year quarter.
Net loss improved by 38% to $(34.7) million in the first quarter compared to $(55.9) million in the prior year quarter.
Net loss per share improved to $(0.04) in the first quarter compared to $(0.10) in the prior year quarter.
Adjusted net loss per share improved to $(0.01) in the first quarter compared to $(0.04) in the prior year quarter.
Adjusted EBITDA in the first quarter was $9.3 million compared to $10.7 million in the prior year quarter.
Beverage alcohol net revenue including acquisitions increased 132% to $56.0 million in the first quarter.
- Beverage alcohol gross margin was 41% in the first quarter.
Cannabis net revenue was $61.2 million in the first quarter.
- Cannabis gross margin was 40% in the first quarter.
Distribution net revenue was $68.1 million in the first quarter.
- Distribution gross margin was 12% in the first quarter.
Wellness net revenue increased 11% to $14.8 million in first the quarter.
- Wellness gross margin was 32% in the first quarter.