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Bullboard - Stock Discussion Forum Tilray Brands Inc T.TLRY


Primary Symbol: TLRY

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... see more

NDAQ:TLRY - Post Discussion

Tilray Brands Inc > TLRY 2025 Q1 132% Growth
View:
Post by quinlash on Nov 10, 2024 8:18am

TLRY 2025 Q1 132% Growth

Link to the Q1 report reflecting substantial net revenue growth

https://www.tilray.com/news/
Comment by Maersk on Nov 10, 2024 10:16am
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 ...more  
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