Live Analysis:
Tilray Brands, Inc. (TLRY) is currently priced at $6.61, experiencing a decrease of 4.14% with a price change of -28.5 cents. Trading volume is notably higher today, reaching $2.27 million, representing a 54.98% increase compared to the average.
Earnings Overview:
In the latest earnings report, released on Tuesday, March 31st, TLRY reported an earnings per share of -0.24, below the consensus estimate of -0.14.
Cash Flow:
TLRY's cash flow indicates a net change of $2.80 million, with free cash flow at -$26 million. Notable figures include stock-based compensation of $13.72 million and operating cash flow of -$22.15 million.
Income Statement:
TLRY's revenue stands at $282.20 million, with a gross profit of $75 million. Operating income is at -$27.12 million, resulting in a net income of -$36.27 million and an earnings per share of -33 cents.
Ratios:
Key ratios show a quick ratio of 1.66, gross profit margin of 26.58%, and a debt ratio of 15.28%. Notably, TLRY's price-to-sales ratio is 3.14, while the price-earnings ratio stands at -6.11.
Balance Sheet:
TLRY's total assets amount to $2 billion, with total liabilities at $549.12 million. Noteworthy figures include cash and cash equivalents of $204.62 million and total current assets of $718.76 million.
This financial snapshot provides insights into TLRY's current performance and financial health, reflecting the challenges and opportunities ahead.
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.