Tilray Brands Inc TLRY

Disappointing Q1, 2022 Earnings

[CentreIce24]

Looking at this earnings report on QoQ basis
All the revenue increases came from the additional 2 months of legacy Tilray
Meaning we reported a full Q this time and not just 1 month
Which is the reason for the increase in Wellness revenues and for the most part Cannabis revenues
The old Aphria contributed nothing to this Q as Distribution was flat again and this is after being down +10% last Q
When you factor in an additional 2 months of cannabis revenue from legacy Tilray (approx $22-$23M) then Aphria's cannabis contribution was flat or slightly down
Beverage revenue was also down slightly
Please correct me if this is wrong
There are some headwinds still to be worked out in the next Q or two

GLTA
Cheers
CentreIce

Hopefully this cut and paste displays properly and you can judge for yourself

[Joe455]

Irwin's PR team can spin another big losing quarter into something positive.

[Pointblank7]

That appears right Mr.Cents... ;) On a serious note - this will likely taper back down towards WEED's earnings. I'm in cash waiting to buy back in. Tomorrow could be deep red but with all that said I think we will see stronger revs from Germany with a couple other catalysts to fall in line bringing us up back to $16-18 by holidays. GLTA ._7

[CaneIsAbel]

Headwinds being worked out?  We had the better part of June in total lockdown which massacred ACB and Canopy. We held up much better but lost revenue as well with decreased ton no traffic in stores.  Millions will be saved in further synergies not to mention Tilray legacy products had they used aphrias processes of manufacturing would have increased our TENTH straight positive EBITA to