7Baggers
Quarterly
Annual
    Unit: USD2025-08-31 2025-02-28 2024-11-30 2024-08-31 2024-05-31 2024-02-29 2023-11-30 2023-08-31 2023-05-31 2023-02-28 2022-11-30 2022-08-31 2022-05-31 2022-02-28 2021-11-30 2021-08-31 2021-05-31 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 
      
    		                             
      net revenue
    		209,501,000 185,780,000 210,950,000 200,044,000 229,882,000 188,340,000 193,771,000 176,949,000 184,188,000 145,589,000 144,136,000 153,211,000 153,325,000 151,871,000 155,153,000 168,023,000              
      yoy
    		-8.87% -1.36% 8.87% 13.05% 24.81% 29.36% 34.44% 15.49% 20.13% -4.14% -7.10% -8.82%                  
      qoq
    		12.77% -11.93% 5.45% -12.98% 22.06% -2.80% 9.51% -3.93% 26.51% 1.01% -5.92% -0.07% 0.96% -2.12% -7.66%               
      cost of goods sold
    		152,032,000 133,769,000 149,730,000 140,338,000 147,532,000 138,944,000 146,362,000 132,753,000 117,025,000 157,288,000 104,012,000 104,597,000 160,058,000 112,042,000 122,387,000 117,068,000              
      gross profit
    		57,469,000 52,011,000 61,220,000 59,706,000 82,350,000 49,396,000 47,409,000 44,196,000 67,163,000 -11,699,000 40,124,000 48,614,000 -6,733,000 39,829,000 32,766,000 50,955,000 109,679,000 13,503,000 15,465,000 3,739,000 -5,419,000 10,870,000 -57,007,000 15,853,000 12,273,000     
      yoy
    		-30.21% 5.29% 29.13% 35.09% 22.61% -522.22% 18.16% -9.09% -1097.52% -129.37% 22.46% -4.59% -106.14% 194.96% 111.87% 1262.80% -2123.97% 24.22% -127.13% -76.41% -144.15%         
      qoq
    		10.49% -15.04% 2.54% -27.50% 66.71% 4.19% 7.27% -34.20% -674.09% -129.16% -17.46% -822.03% -116.90% 21.56% -35.70% -53.54% 712.26% -12.69% 313.61% -169.00% -149.85% -119.07% -459.60% 29.17%      
      gross margin %
    		27.43% 28.00% 29.02% 29.85% 35.82% 26.23% 24.47% 24.98% 36.46% -8.04% 27.84% 31.73% -4.39% 26.23% 21.12% 30.33%              
      operating expenses:
    		                             
      general and administrative
    		41,053,000 39,246,000 45,997,000 44,113,000 43,589,000 39,940,000 43,313,000 40,516,000 47,774,000 38,999,000 41,672,000 40,508,000 41,400,000 38,445,000 33,469,000 49,487,000              
      selling
    		12,923,000 13,905,000 16,162,000 11,690,000 12,796,000 9,995,000 7,583,000 6,859,000 9,048,000 6,452,000 9,669,000 9,671,000 9,643,000 8,641,000 9,210,000 7,432,000              
      amortization
    		3,929,000 23,182,000 22,927,000 21,804,000 19,052,000 21,558,000 21,917,000 22,225,000 21,617,000 23,518,000 23,995,000 24,359,000 30,846,000 24,590,000 29,016,000 30,739,000              
      marketing and promotion
    		10,155,000 6,793,000 9,720,000 11,566,000 12,999,000 11,191,000 9,208,000 8,535,000 7,800,000 7,354,000 8,535,000 7,248,000 10,771,000 7,578,000 7,120,000 5,465,000              
      research and development
    		41,000 85,000 60,000 105,000 394,000 106,000 56,000 79,000 180,000 171,000 165,000 166,000 54,000 164,000 515,000 785,000              
      change in fair value of contingent consideration
    		-15,000,000    1,000,000 -5,983,000 300,000 -11,107,000 292,000 352,000  211,000 -15,585,000 -29,065,000                
      litigation costs, net of recoveries
    		1,007,000 2,758,000 901,000 1,595,000 -188,000 3,363,000 3,042,000                       
      restructuring costs
    		869,000 6,133,000 6,869,000 4,247,000 6,833,000 5,178,000 2,655,000 915,000 -1,482,000 2,663,000                    
      transaction costs (income)
    		400,000 605,000 802,000 1,156,000                          
      total operating expenses
    		55,377,000 811,942,000 103,438,000 96,276,000 98,876,000 131,494,000 89,168,000 78,558,000 157,143,000 1,195,037,000 91,915,000 69,792,000 460,690,000 59,591,000 87,450,000 119,487,000              
      operating income
    		2,092,000 -759,931,000 -42,218,000 -36,570,000 -16,526,000 -82,098,000 -41,759,000 -34,362,000 -89,980,000 -1,206,736,000 -51,791,000 -21,178,000 -467,423,000 -19,762,000 -54,684,000 -68,532,000 -58,861,000 -73,310,000 -21,282,000 -32,772,000 -75,820,000 -71,250,000 -218,038,000 -23,302,000 -32,520,000 -27,874,000 -22,907,000 -20,012,000 -10,990,000 
      yoy
    		-112.66% 825.64% 1.10% 6.43% -81.63% -93.20% -19.37% 62.25% -80.75% 6006.35% -5.29% -69.10% 694.11% -73.04% 156.95% 109.12% -22.37% 2.89% -90.24% 40.64% 133.15% 155.61% 851.84% 16.44% 195.91%     
      qoq
    		-100.28% 1700.02% 15.44% 121.29% -79.87% 96.60% 21.53% -61.81% -92.54% 2230.01% 144.55% -95.47% 2265.26% -63.86% -20.21% 16.43% -19.71% 244.47% -35.06% -56.78% 6.41% -67.32% 835.71% -28.35% 16.67% 21.68% 14.47% 82.09%  
      operating margin %
    		1.00% -409.05% -20.01% -18.28% -7.19% -43.59% -21.55% -19.42% -48.85% -828.86% -35.93% -13.82% -304.86% -13.01% -35.25% -40.79%              
      interest expense
    		-6,696,000 -8,378,000 -7,766,000 -9,842,000 -9,456,000 -8,517,000 -8,625,000 -9,835,000 -5,027,000 -1,040,000 -3,107,000 -4,413,000 -5,522,000 -2,312,000 -9,940,000        6,504,500 8,687,000 8,586,000 8,745,000 7,717,000 480,000  
      non-operating income
    		3,832,000 -24,022,000 -33,255,000 12,646,000 -17,022,000 -17,239,000 821,000 -4,402,000 -16,680,000 1,213,000 -18,450,000 -32,992,000 11,342,000 72,719,000 64,750,000 48,860,000              
      income before income taxes
    		-772,000 -792,331,000 -83,239,000 -33,766,000 -43,004,000 -107,854,000 -49,563,000 -48,599,000 -111,687,000 -1,206,563,000 -73,348,000 -58,583,000 -461,603,000 50,645,000 126,000 -29,842,000 -3,774,000 -341,212,000 -5,043,000 -1,939,000 -84,601,000 -185,094,000 -225,002,000 -33,051,000 -37,248,000 -34,318,000 -35,547,000 -18,675,000 -12,770,000 
      income tax expense (recovery)
    		-2,285,000 1,203,000 2,036,000                           
      net income
    		1,513,000 -793,534,000 -85,275,000 -34,652,000 -15,375,000 -104,983,000 -46,183,000 -55,863,000 -119,819,000 -1,195,752,000 -61,635,000 -65,794,000 -457,800,000 52,475,000 5,797,000 -34,604,000 4,941,000 -340,955,000 -2,949,000 -2,316,000 -81,687,000 -184,123,000 -220,137,000 -35,678,000 -35,053,000 -30,301,000 -31,009,000 -18,699,000 -12,833,000 
      yoy
    		-109.84% 655.87% 84.65% -37.97% -87.17% -91.22% -25.07% -15.09% -73.83% -2378.71% -1163.22% 90.13% -9365.33% -115.39% -296.58% 1394.13% -106.05% 85.18% -98.66% -93.51% 133.04% 507.65% 609.91% 90.80% 173.15%     
      qoq
    		-100.19% 830.56% 146.09% 125.38% -85.35% 127.32% -17.33% -53.38% -89.98% 1840.05% -6.32% -85.63% -972.42% 805.21% -116.75% -800.34% -101.45% 11461.72% 27.33% -97.16% -55.63% -16.36% 517.01% 1.78% 15.68% -2.28% 65.83% 45.71%  
      net income margin %
    		0.72% -427.14% -40.42% -17.32% -6.69% -55.74% -23.83% -31.57% -65.05% -821.32% -42.76% -42.94% -298.58% 34.55% 3.74% -20.59%              
      total net income attributable to:
    		                             
      stockholders of tilray brands, inc.
    		-322,000 -789,436,000 -85,342,000 -39,165,000 -31,747,000 -92,701,000 -49,008,000 -71,525,000 -138,713,000 -1,170,998,000 -69,463,000 -73,482,000 -478,141,000 43,190,000                
      non-controlling interests
    		1,835,000 -4,098,000 67,000 4,513,000 16,372,000 -12,282,000 2,825,000 15,662,000 18,894,000 -24,754,000 7,828,000 7,688,000 20,341,000 9,285,000 5,998,000 7,045,000              
      other comprehensive gain, net of tax
    		                             
      foreign currency translation gain
    		-188,000 -5,389,000 -8,966,000 4,160,000 -595,000 -4,696,000 5,203,000 3,209,000 -5,034,000 6,390,000   -10,665,000 18,498,000 -32,367,000 -100,772,000 156,645,247 3,753 5,687 2,265 7,184    2,924  124 450 86 
      comprehensive income
    		1,325,000        -331,625,750 -1,094,017,000   -36,805,750 31,677,000     -68,788.5 142          
      total comprehensive income attributable to:
    		                             
      weighted-average number of common shares - basic
    		1,060,271,899,000 908,342,792,000 864,974,563,000 875,444,828,000 742,649,477,000 754,439,331,000 730,769,132,000 691,189,382,000 617,982,589,000 615,534,670,000 611,711,377,000 575,301,374,000 481,219,130,000 485,668,750,000 460,254,275,000 449,397,822,000 269,549,852,000             
      weighted-average number of common shares - diluted
    		1,060,271,899,000 908,342,792,000 864,974,563,000 875,444,828,000 742,649,477,000 754,439,331,000 730,769,132,000 691,189,382,000 617,982,589,000 615,534,670,000 611,711,377,000 575,301,374,000 481,219,130,000 488,546,790,000 460,254,275,000 449,397,822,000 269,549,852,000             
      net income per share
    		0 -0.87 -0.1 -0.04 -0.04 -0.12 -0.07 -0.1 -0.15 -1.9 -0.11 -0.13 -0.9 0.09 0  -0.503 -2.01 0.08 -0.02 -0.65 -1.73 -2.16 -0.36 -0.36 -0.32 -0.43 -0.2  
      impairments
    		 699,235,000       -181,376,000 1,115,376,000                    
      other than temporary change in fair value of convertible notes receivable
    		 20,000,000    42,681,000                        
      total other comprehensive gain, net of tax
    		 -5,389,000 -8,966,000 4,160,000 -595,000 -4,696,000   -830,500 101,735,000                    
      comprehensive loss
    		 -798,923,000 -94,241,000 -30,492,000 -15,970,000 -109,679,000 -40,980,000 -52,654,000   -103,875,000 -128,611,000   -42,875,000 -136,025,000 -84,300.5 -337,202   -74,468 -200,830 -212,915 -40,842 -32,891 -29,368 -31,650 -18,249 -12,747 
      income tax expense
    		   886,000    7,264,000                   21,750 24,000 -63,000 
      transaction costs
    		    3,265,250 3,465,000       -11,198,000 9,238,000 8,120,000 25,579,000              
      income tax (recovery) expense
    		    -27,629,000 -2,871,000 -3,380,000                       
      unrealized gain on convertible notes receivable
    		         95,345,000                    
      transaction (income) costs
    		      1,094,000 8,502,000 -970,500 5,382,000 5,064,000 -12,816,000                  
      total other comprehensive loss, net of tax
    		      5,203,000 3,209,000   -42,240,000 -62,817,000                  
      litigation costs
    		       2,034,000   2,815,000 445,000                  
      litigation (recovery) costs
    		        1,465,000 -5,230,000                    
      income taxes (benefit) expense
    		        -3,828,250 -10,811,000 -11,713,000                   
      other comprehensive loss, net of tax
    		                             
      foreign currency translation loss
    		          -24,597,000 -60,292,000          -16,633 -603.5 -4,863  -475    
      unrealized loss on convertible notes receivable
    		          -17,643,000 -2,525,000 -70,779,000 -52,000 52,000 -649,000              
      income taxes
    		           7,211,000 -3,803,000 -1,830,000 -5,671,000 4,762,000              
      other comprehensive income, net of tax
    		                             
      change in fair value of long-term investments
    		            -13,900,250 -39,244,000 -16,357,000               
      total other comprehensive income, net of tax
    		            -25,843,000 -20,798,000 -48,672,000 -101,421,000              
      shareholders of tilray inc.
    		              -201,000 -41,649,000              
      finance expense
    		               -10,170,000              
      loss per share - basic
    		               -0.08              
      loss per share - diluted
    		               -0.08              
      revenue
    		                12,005,250 48,021,000 56,560,000 51,406,000 50,414,000 52,102,000 46,936,000 51,101,000 45,904,000 23,038,000 15,531,000 10,047,000 9,744,000 
      cost of sales
    		                8,629,500 34,518,000     21,633,000 35,248,000 33,631,000 17,653,000 12,397,000 6,979,000 5,567,000 
      general and administrative expenses
    		                6,396,750 25,587,000 36,853,000 12,665,000 14,444,000 17,776,000   16,465,000 12,797,000 13,777,000 7,540,000 5,622,000 
      sales and marketing expenses
    		                2,434,750 9,739,000 13,957,000 10,000,000 12,833,000 17,876,000   14,366,000 7,821,000 6,305,000 3,493,000 3,305,000 
      research and development expenses
    		                300,500 1,202,000 1,580,000 921,000 652,000 1,258,000   1,528,000 1,048,000 1,848,000 802,000 639,000 
      depreciation and amortization expenses
    		                874,500 3,498,000 3,369,000 3,425,000 3,337,000 3,591,000        
      impairment of assets
    		                  2,904,000  28,371,000 29,839,000        
      income from equity method investments
    		                446,750 1,787,000 1,488,000 1,420,000 1,327,000 1,748,000 2,667,000 1,837,000      
      litigation settlement
    		                11,250,000 45,000,000            
      foreign exchange (gain) loss
    		                -174,750 -699,000 -18,593,000 -9,319,000 -13,326,000    -1,611,000     
      change in fair value of warrant liability
    		                65,800,250 263,201,000 49,011,000 -31,913,000 11,210,000 71,978,000        
      interest expenses
    		                1,729,000 6,916,000 9,072,000 10,437,000 10,564,000 9,146,000        
      other incomes
    		                -379,000 -1,516,000            
      deferred income tax recoveries
    		                -158,750 -635,000   -2,875,000 -1,272,000        
      current income tax expenses
    		                94,500 378,000 126,250 243,000 -39,000 301,000        
      weighted-average shares used for eps calculation
    		                 169,489,223 126,041,710 129,100,909 124,763,445 106,463,352 100,455,677 98,130,507 97,231,839 94,875,351 83,009,656   
      unrealized loss on investments
    		                             
      other comprehensive loss
    		                938.25 3,753    -16,707 -517.25 -5,164      
      product costs
    		                  27,154,000 34,224,000 37,204,000 37,188,000        
      inventory valuation adjustments
    		                  9,029,000 13,443,000 18,629,000 4,044,000        
      stock-based compensation expenses
    		                  5,851,000 8,080,000 7,647,000 7,677,000        
      acquisition-related expenses (income)
    		                             
      finance income from abg
    		                             
      other income
    		                  1,236,000 -38,000 333,000 4,651,000 3,160,000 -1,313,000 -2,035,000 -2,345,000 -1,398,000 -225,000 -76,000 
      deferred income tax expenses
    		                  -1,003,250 134,000          
      unrealized gain on available-for-sale debt securities
    		                  38.5 193 35 -74        
      other comprehensive income
    		                  5,516 2,458 7,219    2,162 933    
      acquisition-related expenses
    		                    1,790,000 2,355,000        
      foreign exchange loss
    		                     28,069,000    179,000    
      general and administrative expense
    		                      12,310,000 19,978,000      
      sales and marketing expense
    		                      9,790,250 16,974,000      
      depreciation and amortization expense
    		                      1,859,500 3,190,000 2,385,000 1,863,000    
      stock-based compensation expense
    		                      5,301,500 8,315,000 7,585,000 5,306,000 4,111,000 11,245,000 5,601,000 
      research and development expense
    		                      1,222,750 2,315,000      
      acquisition-related income
    		                      -1,649,500 -13,454,000      
      foreign exchange gain
    		                      288,250 2,585,000   6,321,000 -1,592,000 1,359,000 
      finance income from abg profit participation arrangement
    		                      -139,250 -210,000 -212,000 -135,000    
      deferred income tax expense
    		                      -996,750 2,432,000      
      current income tax expense
    		                      100,500 195,000 447,000     
      unrealized gain on cash equivalents and investments
    		                      86.25 -301 -762 1,408    
      acquisition and integration expenses
    		                        2,464,000 4,424,000    
      deferred income tax recovery
    		                        -2,642,000 -3,777,000    
      gross margin
    		                         5,385,000 3,134,000 3,068,000 4,177,000 
      current income tax recovery
    		                         -240,000    
      shares used in computation of net income per share - basic and diluted
    		                          23,286,010.5 93,144,042  
      interest income
    		                            497,000 
      basic and diluted net income per share
    		                            -0.17 
      shares used in compilation of net income per share, basic and diluted
    		                            75,000,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.