← Tilray Brands, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $20.5m |
$20.5m
0.00%
|
$167.0m
+713.02%
|
$210.5m
+26.05%
|
$513.1m
+143.77%
|
$628.4m
+22.47%
|
$627.1m
-0.20%
|
$788.9m
+25.80%
|
$821.3m
+4.10%
|
$915.5m
+11.46%
|
$915.5m
0.00%
|
|
| Cost of Revenue | $9.2m |
$9.2m
0.00%
|
$115.6m
+1161.92%
|
$185.8m
+60.74%
|
$389.9m
+109.82%
|
$511.6m
+31.20%
|
$480.2m
-6.14%
|
$565.6m
+17.79%
|
$580.7m
+2.68%
|
$655.0m
+12.79%
|
$655.0m
0.00%
|
|
| Cost of goods sold | $9.2m |
$28.9m
+214.98%
|
$190.5m
+560.11%
|
$185.8m
-2.44%
|
$389.9m
+109.82%
|
$511.6m
+31.20%
|
$480.2m
-6.14%
|
$565.6m
+17.79%
|
$580.7m
+2.68%
|
— | $655.0m | |
| Reconciled Cost Of Revenue | — | — | — | — | — | — | $443.5m |
$523.4m
+18.02%
|
$535.9m
+2.38%
|
$607.0m
+13.27%
|
$655.0m
+7.91%
|
|
| Net Interest Income | $1.7m | $9.1m | $34.7m | $39.2m | ($28.0m) | ($27.9m) |
($13.6m)
+51.38%
|
($36.4m)
-168.15%
|
($30.0m)
+17.79%
|
($23.7m) |
($23.7m)
0.00%
|
|
| Gross Profit | $11.4m |
$11.4m
0.00%
|
($23.5m)
-306.52%
|
$24.7m
+204.93%
|
$123.2m
+399.62%
|
$116.8m
-5.17%
|
$147.0m
+25.80%
|
$223.4m
+51.98%
|
$240.6m
+7.71%
|
$260.4m
+8.26%
|
$260.4m
0.00%
|
|
| Research and Development Expense | $3.2m | $3.2m | $6.6m | $4.4m | $830k | $1.5m | $682k | $635k | $284k | $361k | $361k | |
| Marketing and Advertising Expense | — | — | $17.4m | $15.3m | $17.5m | $30.9m | $30.9m | $41.9m | $37.0m | — | — | |
| Selling and Marketing Expense | — | $7.2m | $61.1m | $54.7m | — | — | $65.8m | $79.2m | $93.1m | $91.6m | $295.8m | |
| General and Administrative Expense | $8.4m | $8.4m | $82.0m | $85.9m | $111.6m | $162.8m | $165.2m | $167.4m | $167.3m | $204.1m | $204.1m | |
| Other General and Administrative Expense | — | $1.8m | $16.6m | $17.9m | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | — | — | $9.8m | $11.0m | $27.3m | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | — | $3.8m | $3.2m | $4.6m | $3.5m | $5.0m | — | |
| Restructuring Costs | — | — | — | — | $0 | $795k | $9.2m | $15.6m | $34.3m | — | — | |
| Restructuring And Mergern Acquisition | — | — | — | — | — | — | $11.7m | $15.3m | $38.8m | $4.4m | $4.4m | |
| Operating Expenses | — | — | $182.4m | $200.1m | $255.4m | $727.2m | $1.5b | $398.1m | $2.5b | — | $970.7m | |
| Other Non Operating Income Expenses | — | — | — | — | — | — | ($298.0m) | ($74.8m) | ($17.6m) | $392k | — | |
| Operating Income (Loss) | ($7.5m) |
($7.5m)
0.00%
|
($301.7m)
-3923.77%
|
($201.1m)
+33.34%
|
($132.2m)
+34.28%
|
($610.4m)
-361.83%
|
($1.4b)
-124.39%
|
($174.7m)
+87.24%
|
($2.3b)
-1206.31%
|
($58.1m)
+97.45%
|
($55.3m)
+4.96%
|
|
| Financing Interest Expense | — | — | — | — | $30.9m | — | — | — | — | — | — | |
| Interest Expense | — | — | — | — | — | $39.7m | $46.6m | $49.3m | $41.3m | $29.9m | $29.9m | |
| Interest Expense, Debt | — | $693k | — | — | — | — | — | — | — | — | $29.9m | |
| Interest expense, net | $1.7m | $9.1m | $34.7m | $39.2m | ($28.0m) | ($27.9m) | ($13.6m) | ($36.4m) | ($30.0m) | ($23.7m) | $29.9m | |
| Interest Income | — | — | — | — | — | — | $33.0m | $12.8m | $11.4m | $6.2m | $6.2m | |
| Net Non Operating Interest Income Expense | $1.7m | $9.1m | $34.7m | $39.2m | ($28.0m) | ($27.9m) | ($13.6m) | ($36.4m) | ($30.0m) | ($23.7m) | ($23.7m) | |
| Debt Securities, Gain (Loss) | — | — | — | — | ($169.5m) | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $1.4m | $5.9m | $13.2m | ($22.3m) | ($28.4m) | ($25.5m) | ($4.1m) | $9.6m | — | — | |
| Foreign currency translation gain (loss) | $282k | $662k | $5.2m | ($1.5m) | $156.6m | ($125.3m) | ($83.5m) | $3.1m | $430k | — | — | |
| Unrealized gain (loss) on convertible notes receivable | — | — | — | — | ($3.8m) | ($71.4m) | $75.2m | $0 | $0 | — | — | |
| Gain On Sale Of PPE | — | — | — | — | — | — | $48k | $4.2m | ($928k) | $509k | $509k | |
| Gain On Sale Of Security | — | — | — | — | — | — | ($15.3m) | ($5.7m) | $6.2m | ($1.8m) | ($1.8m) | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | $425k | — | $227.6m | ($31.2m) | ($21.2m) | $2.2m | — | — | |
| Total other comprehensive gain (loss), net of tax | — | — | ($2.7m) | ($6.3m) | $152.8m | ($196.7m) | ($8.4m) | $3.1m | $430k | — | — | |
| Other Nonoperating Income (Expense) | — | $12k | $2.5m | ($10.3m) | $8.0m | $5.2m | ($66.9m) | ($37.8m) | $10.3m | — | — | |
| Income (Loss) from Equity Method Investments | — | — | ($4.5m) | ($6.0m) | ($458k) | — | ($8.0m) | — | — | — | — | |
| Non-operating income (expense), net | — | — | $95.5m | $14.2m | ($184.8m) | $197.7m | ($66.9m) | ($37.8m) | $10.3m | — | — | |
| Other Income Expense | — | — | — | — | — | — | ($1.3b) | ($99.8m) | ($2.2b) | ($9.1m) | ($9.1m) | |
| Interest Income (Expense), Nonoperating, Net | — | ($1.7m) | ($34.7m) | ($39.2m) | ($28.0m) | ($27.9m) | ($13.6m) | ($36.4m) | ($30.0m) | — | $6.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($7.4m) | ($151.7m) | ($96.3m) | ($324.0m) | ($81.8m) | ($507.0m) | ($126.7m) | ($1.6b) | — | ($88.1m) | |
| Pre-Tax Income | ($7.8m) | ($7.8m) | ($329.6m) | ($276.7m) | ($345.0m) | ($440.7m) | ($1.5b) | ($249.0m) | ($2.3b) | ($88.1m) | ($88.1m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($7.8m) | ($7.8m) | ($329.6m) | ($276.7m) | ($345.0m) | ($440.7m) | ($1.5b) | ($249.0m) | ($2.3b) | ($88.1m) | ($88.1m) | |
| Current Income Tax Expense (Benefit) | — | — | $397k | ($226k) | $15.9m | $24.0m | $26.5m | $12.3m | $4.5m | — | $17.1m | |
| Income tax (recovery) expense | — | $34k | ($2.0m) | ($8.4m) | ($9.0m) | ($6.5m) | ($7.2m) | ($26.6m) | ($121.0m) | $17.1m | — | |
| Income Tax Expense (Benefit) | — | — | ($8.4m) | ($5.6m) | ($9.0m) | ($6.5m) | ($7.2m) | ($26.6m) | ($121.0m) | — | $17.1m | |
| Net loss | — | — | ($36.1m) | ($100.8m) | ($336.0m) | ($434.1m) | ($1.4b) | ($222.4m) | ($2.2b) | ($105.2m) | — | |
| Net Income Continuous Operations | — | — | ($36.1m) | ($100.8m) | ($336.0m) | ($434.1m) | ($1.4b) | ($222.4m) | ($2.2b) | ($105.2m) | ($105.2m) | |
| Net Income (Loss) Attributable to Parent | — | ($7.8m) | ($321.2m) | ($271.1m) | ($367.4m) | ($476.8m) |
($1.5b)
-204.67%
|
($245.0m)
+83.14%
|
($2.2b)
-792.62%
|
($121.4m)
+94.45%
|
($121.4m)
0.00%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | $31.4m | $42.7m | $9.7m | $22.6m | $5.4m | — | ($121.4m) | |
| Earnings Per Share, Basic | — | — | ($0.18) | ($0.47) | ($1.25) | ($0.90) | ($2.35) | ($0.33) | ($2.46) | ($1.09) | ($1.09) | |
| Earnings Per Share, Diluted | — | — | ($0.18) | ($0.47) | ($1.25) | ($0.90) | ($2.35) | ($0.33) | ($2.46) | ($1.09) | ($1.09) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | $203.5m | $216.2m | 269.5m | 481.2m | 618.0m | 742.6m | 890.3m | — | 111.8m | |
| Weighted average number of common shares - basic (in shares) | — | — | $203.5m | $216.2m | $269.5m | $481.2m | $618.0m | $742.6m | $890.3m | — | — | |
| Weighted average number of common shares - diluted (in shares) | — | — | $203.5m | $216.2m | $269.5m | $481.2m | $618.0m | $742.6m | $890.3m | — | — | |
| Basic Average Shares | — | — | — | — | — | — | $61.4m | $74.3m | $89.0m | $111.8m | $111.8m | |
| Diluted Average Shares | — | — | — | — | — | — | $61.4m | $74.3m | $89.0m | $111.8m | $111.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | $203.5m | $216.2m | 269.5m | 481.2m | 618.0m | 742.6m | 890.3m | — | 111.8m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | $59.9m | — | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $223.9m | — | $0 | — | — | $0 | |
| Realized Investment Gains (Losses) | — | — | $0 | ($2.4m) | — | — | — | — | — | — | — | |
| Selling Expense | — | — | $3.8m | $19.0m | $26.6m | $34.9m | $34.8m | $37.2m | $56.0m | — | — | |
| Amortization | — | — | $9.6m | $15.1m | $35.2m | $115.2m | $93.5m | $84.8m | $88.6m | $19.6m | $19.6m | |
| Marketing and promotion | — | — | $17.4m | $15.3m | $17.5m | $30.9m | $30.9m | $41.9m | $37.0m | — | — | |
| Change in fair value of contingent consideration | — | — | — | — | $0 | ($44.6m) | $855k | ($15.8m) | $0 | — | — | |
| Asset Impairment Charges | — | — | $112.1m | $61.1m | $0 | $378.2m | $934.0m | $0 | $2.1b | $0 | $0 | |
| Other than temporary change in fair value of convertible notes receivable | — | — | — | — | $0 | $0 | $246.3m | $42.7m | $21.7m | — | — | |
| Litigation costs, net of recoveries | — | — | — | $1.8m | $3.3m | $16.5m | ($505k) | $8.3m | $17.3m | $3.9m | — | |
| Transaction costs (income), net | — | — | — | — | — | $30.9m | $1.6m | $15.5m | $4.5m | — | — | |
| Stockholders of Tilray Brands, Inc. | ($7.8m) | ($67.7m) | ($321.2m) | ($271.1m) | ($367.4m) | ($650.2m) | ($1.5b) | ($241.9m) | ($2.2b) | — | — | |
| Non-controlling interests | — | — | ($11.1m) | $1.7m | $31.4m | $19.4m | $27.1m | $22.6m | $5.4m | — | — | |
| Comprehensive loss | ($7.5m) | ($67.8m) | ($316.0m) | ($272.6m) | ($183.2m) | ($630.9m) | ($1.5b) | ($219.3m) | ($2.2b) | — | — | |
| Diluted EPS | — | — | — | — | — | — | ($23.50) | ($3.30) | ($24.56) | ($1.09) | ($1.09) | |
| Diluted NI Availto Com Stockholders | — | ($7.8m) | ($321.2m) | ($271.1m) | ($367.4m) | ($476.8m) | ($1.5b) | ($245.0m) | ($2.2b) | ($121.4m) | ($121.4m) | |
| Impairment Of Capital Assets | — | — | $112.1m | $61.1m | $0 | $378.2m | $934.0m | $0 | $2.1b | $0 | $0 | |
| Insurance And Claims | — | — | — | — | — | — | $12.0m | $12.6m | $11.8m | $9.8m | $9.8m | |
| Minority Interests | — | — | — | — | — | — | ($9.7m) | ($22.6m) | ($5.4m) | ($16.2m) | ($16.2m) | |
| Normalized EBITDA | — | — | — | — | — | — | ($313.0m) | ($47.8m) | $19.4m | $19.0m | $9.5m | |
| Normalized Income | — | — | — | — | — | — | ($497.0m) | ($222.6m) | ($152.6m) | ($115.7m) | ($115.7m) | |
| Operating Expense | — | — | — | — | — | — | $325.2m | $336.1m | $348.4m | $315.7m | $315.7m | |
| Other Gand A | — | — | — | — | — | — | $39.5m | $38.9m | $38.8m | $52.0m | — | |
| Other Special Charges | — | — | — | $1.8m | $3.3m | $16.5m | ($505k) | $8.3m | $17.3m | $3.9m | — | |
| Reconciled Depreciation | — | — | — | — | — | — | $130.1m | $126.9m | $133.5m | $67.6m | $19.6m | |
| Rent And Landing Fees | — | — | — | — | — | $3.8m | $3.2m | $4.6m | $3.5m | $5.0m | $5.0m | |
| Rent Expense Supplemental | — | — | — | — | — | $3.8m | $3.2m | $4.6m | $3.5m | $5.0m | $5.0m | |
| Salaries And Wages | — | — | — | — | — | — | $110.5m | $115.4m | $112.3m | $137.4m | $137.4m | |
| Selling General And Administration | — | — | — | — | — | — | $231.0m | $250.7m | $259.5m | $295.8m | — | |
| Special Income Charges | — | — | — | — | — | — | ($945.2m) | ($19.3m) | ($2.2b) | ($7.8m) | ($7.8m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($4.8m) | ($2.7m) | ($112.8m) | ($3.8m) | ($3.8m) | |
| Tax Provision | — | $34k | ($2.0m) | ($8.4m) | ($9.0m) | ($6.5m) | ($7.2m) | ($26.6m) | ($121.0m) | $17.1m | $17.1m | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Total Expenses | — | — | — | — | — | — | $805.3m | $901.7m | $929.1m | $970.7m | $970.7m | |
| Total Unusual Items | — | — | — | — | — | — | ($960.4m) | ($25.0m) | ($2.1b) | ($9.5m) | ($9.5m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.