NDAQ:TLRY - Post Discussion
Post by
Savage97 on Nov 23, 2024 12:35pm
Record Revenue & Profitability Ahead for $TLRY awaiting S3
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.
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