Cannabist Earnings + Call Notes
U.S. cannabis company reports Q124
$122.6M Revs; est. $126.7M
$15.3M AEBITDA; est. $15.4M
$ 42.5M GP; est. $47.2M
($10.7 M) OI; est. ($5.5M)
35% GM; est. 37.2%
($ 34.6M) NI; est. ($28.9M)
“Our first quarter results demonstrate an improvement over the prior quarter on a margin basis, and we are encouraged by the green shoots that are evident in several critical areas of the business. As we have emphasized, this year we are committed to building a better business, with a focus on improving our margins as we target free cash flow generation.” David Hart, CEO of The Cannabist Company.
Call Notes
Keep reading with a 7-day free trial
Subscribe to Cannabis Confidential to keep reading this post and get 7 days of free access to the full post archives.