Tilray Brands, Inc. (TLRY) is currently priced at $6.62, showing a decrease of -3.99% from the previous close of $6.89. Trading volume stands at $1.77 million, 42.83% above the average. The asset experienced a price drop of -27.5 cents.
TLRY's latest quarterly earnings report, dated Tuesday, March 31st, revealed an earnings per share of -0.24, below the consensus estimate of -0.14.
TLRY reported a net change in cash of $2.80 million, with operating cash flow at -$22.15 million. Notable figures include acquisitions netting $1.38 million and debt repayment of $4 million.
TLRY's revenue amounted to $282.20 million, resulting in a gross profit of $75 million. However, the company recorded a net loss of $36.27 million, with an EPS of -33 cents. Operating income stands at -$27.12 million.
Key financial ratios for TLRY include a gross profit margin of 26.58%, an operating profit margin of -9.61%, and a net profit margin of -12.85%. The return on equity is -2.33%, and the debt-equity ratio is 20.36.
TLRY shows total assets of $2 billion, with cash and cash equivalents at $204.62 million. Total liabilities amount to $549.12 million, resulting in net debt of $112.46 million.
This comprehensive financial report provides insights into Tilray Brands, Inc.'s current financial status and performance metrics.
Tilray Brands, Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. It offers medical and adult-use cannabis products, including GMP-certified flowers, oils, vapes, edibles, and topicals; purchases and resells pharmaceutical and wellness products; and produces, markets, sells, and distributes beverage alcohol products, and hemp-based food and other wellness products. The company offers its products under the Tilray, Aphria, Broken Coast, Symbios, B!NGO, The Batch, P'tite Pof, Dubon, Good Supply, Solei, Chowie Wowie, Canaca, RIFF, SweetWater, Breckenridge Distillery, Alpine Beer Company, and Green Flash brands. It sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. The company was formerly known as Tilray, Inc. Tilray Brands, Inc. is headquartered in Leamington, Canada.