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Tilray Brands | 8-K: Tilray Brands Delivers Record Q2 Fiscal 2024 Net Revenue

Tilray Brands | 8-K:Tilray Brands实现创纪录的2024财年第二季度净收入

SEC announcement ·  01/09 00:00
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On January 9, 2024, Tilray Brands, Inc., a global cannabis-lifestyle and consumer packaged goods company, reported its financial results for the second quarter of fiscal year 2024, which ended on November 30, 2023. The company announced a record net revenue of $194 million, marking a 34% increase over the same period in the previous year. The growth was attributed to a 35% increase in cannabis net revenue, a 117% surge in beverage alcohol net revenue, and a 12% rise in distribution net revenue. Despite the revenue growth, Tilray experienced a net loss of $46 million, which was an improvement from the $62 million net loss in the prior year quarter. The company also highlighted its strong financial liquidity position with approximately $261 million in cash and marketable securities. Tilray's CEO, Irwin...Show More
On January 9, 2024, Tilray Brands, Inc., a global cannabis-lifestyle and consumer packaged goods company, reported its financial results for the second quarter of fiscal year 2024, which ended on November 30, 2023. The company announced a record net revenue of $194 million, marking a 34% increase over the same period in the previous year. The growth was attributed to a 35% increase in cannabis net revenue, a 117% surge in beverage alcohol net revenue, and a 12% rise in distribution net revenue. Despite the revenue growth, Tilray experienced a net loss of $46 million, which was an improvement from the $62 million net loss in the prior year quarter. The company also highlighted its strong financial liquidity position with approximately $261 million in cash and marketable securities. Tilray's CEO, Irwin D. Simon, emphasized the company's leading position in the Canadian cannabis market, its growth in the European medical cannabis sector, and its emerging presence in the U.S. craft beverage-alcohol industry. The company is on track to achieve $30-$35 million in annual savings from the integration of its HEXO acquisition and reiterated its financial guidance for fiscal year 2024, targeting an adjusted EBITDA of $68 million to $78 million.
2024年1月9日,全球大麻生活方式和消费包装用品公司Tilray Brands, Inc. 公布了截至2023年11月30日的2024财年第二季度的财务业绩。该公司宣布净收入达到创纪录的1.94亿美元,比去年同期增长34%。增长归因于大麻净收入增长了35%,饮料酒精净收入增长了117%,分销净收入增长了12%。尽管收入增长,但蒂尔雷的净亏损为4600万美元,比上一季度的6200万美元净亏损有所改善。该公司还强调了其强大的财务流动性状况,拥有约2.61亿美元的现金和有价证券。蒂尔雷首席执行官欧文·西蒙强调了该公司在加拿大大麻市场的领先地位、其在欧洲医用大麻行业的增长及其在美国精酿饮料酒精行业的新兴地位。该公司有望通过整合对HEXO的收购实现每年3000万至3500万美元的节省,并重申了其2024财年的财务指导,目标是调整后的息税折旧摊销前利润为6,800万美元至7,800万美元。
2024年1月9日,全球大麻生活方式和消费包装用品公司Tilray Brands, Inc. 公布了截至2023年11月30日的2024财年第二季度的财务业绩。该公司宣布净收入达到创纪录的1.94亿美元,比去年同期增长34%。增长归因于大麻净收入增长了35%,饮料酒精净收入增长了117%,分销净收入增长了12%。尽管收入增长,但蒂尔雷的净亏损为4600万美元,比上一季度的6200万美元净亏损有所改善。该公司还强调了其强大的财务流动性状况,拥有约2.61亿美元的现金和有价证券。蒂尔雷首席执行官欧文·西蒙强调了该公司在加拿大大麻市场的领先地位、其在欧洲医用大麻行业的增长及其在美国精酿饮料酒精行业的新兴地位。该公司有望通过整合对HEXO的收购实现每年3000万至3500万美元的节省,并重申了其2024财年的财务指导,目标是调整后的息税折旧摊销前利润为6,800万美元至7,800万美元。
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