Sector: Healthcare | Industry: Pharmaceuticals |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 655 Madison Avenue, 19Th Floor NEW YORK NY 10065 |
Tel: | N/A |
Website: | https://www.tilray.com |
IR: | See website |
Key People | ||
Irwin D. Simon Chairman of the Board, President, Chief Executive Officer | Carl A. Merton Chief Financial Officer | Roger Savell Chief Administrative Officer |
Mitchell S. Gendel Global General Counsel, Corporate Secretary | Denise M. Faltischek Chief Strategy Officer, Head - International |
Business Overview |
Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The Distribution business segment is focused on the purchase and resale of pharmaceutical products to customers. The Beverage alcohol business segment is engaged in the production, marketing and sale of beverage and beverage alcohol products. The Wellness business segment includes hemp foods and hemp-based cannabidiol (CBD) consumer products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Bake Sale, XMG, Mollo, and others. |
Financial Overview |
For the nine months ended 29 February 2024, Tilray Brands Inc revenues increased 26% to $559.1M. Net loss decreased 84% to $213.2M. Revenues reflect Beverage Alcohol Business segment increase of 100% to $125.4M, Cannabis Business segment increase of 29% to $200.9M, North America segment increase of 42% to $325.7M, EMEA segment increase of 11% to $222.1M. |
Employees: | 1,600 as of May 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,661M as of Feb 29, 2024 |
Annual revenue (TTM): | $743.25M as of Feb 29, 2024 |
EBITDA (TTM): | $202.70M as of Feb 29, 2024 |
Net annual income (TTM): | -$351.95M as of Feb 29, 2024 |
Free cash flow (TTM): | -$49.96M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | $236.84M as of Feb 29, 2024 |
Shares outstanding: | 774,028,558 as of Apr 5, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |