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Cannabis Confidential
TerrAscend Earnings + Call Notes

TerrAscend Earnings + Call Notes

U.S. canna leader wraps up a big year.

Todd Harrison's avatar
Todd Harrison
Mar 14, 2024
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Cannabis Confidential
Cannabis Confidential
TerrAscend Earnings + Call Notes
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TerrAscend Earnings

$86.6M Revs; est. $89.2M
$19.6M AEBITDA; est.
$23.9M $41.8M GP; est.
$46.9M 48.2; est. 52.6%

*FY23 record Net Revenue of $317.3 million, an increase of 28% YoY

FY23 Gross Profit margin of 50.3%, a 930 bp. improvement YoY

FY23 AEBITDA from continuing ops of $68.8 million, an increase of 77.1% YoY

Call Notes

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