Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 213M | 19% |
| Gross Profit | 60M | 20.9% |
| Cost of Revenue | 237M | 4.4% |
| Operating expense | 96M | 26.8% |
| Net Income | -39M | 57.8% |
| EBITDA | -15M | 75.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 4.26B | 1.2% |
| Total Liabilities | 778M | 10.5% |
| Total Equity | 3.48B | 3.5% |
| Shares Outstanding | 832M | 7.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -35M | 129.8% |
| Cash from investing | -49M | 275.9% |
| Cash from financing | 61M | 655.4% |
EPS
Financial Highlights for Tilray in Q3 '24
Tilray reported a revenue of 213M, which is a 19% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 60M, marking a 20.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 237M, a 4.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 96M, showing a -26.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -39M, showing a 57.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -15M, showing a 75.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Tilray with growth in revenue, gross profit, and net income.
