uninformed investor, who can't see anything past the top line - the type who ends up with failed investments in poor companies such as bankrupt Medmen, bankrupt Zenabis, bankrupt Nevada copper - along with losers suchcc vff as Hexo who would have had to declare .... bankruptcy.
Tirays organic growth has declined. Anyone fool (using other people money) can acquire failing companies to increase revenue.
Unfortunatley - while Tilrays net revenue is up, gross profit is down, to one of the lowest levels in the sector. Tilray's cost to produce goods is so high and out of control that they don't clear enough to pay their operational expenses.
Like I've posted before - I'd rather have a company with $19 million in sales and a $1 million profit, than a company with $800 million a year and a $100 million net loss. You'd kind of have to be a poor investor to think otherwise
Post by
quinlashon Sep 04, 2024 1:43am 85 Views
Post# 36207437
RE:Tilrays organic growth is declining,
If only they could get to apx $800 million net on an annual basis, wouldn't that be great to see in a year end report