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Aug 31, 2021
Tilray Q1 2022 Earnings Report
Tilray reported a net revenue increase of 43% and gross profit increase of 46%, marking the tenth consecutive quarter of positive adjusted EBITDA.
Key Takeaways
Tilray, Inc. reported financial results for the first fiscal quarter ended August 31, 2021. The company achieved a 43% increase in net revenue, reaching $168 million, and a 46% increase in gross profit. Tilray also reported its tenth consecutive quarter of positive adjusted EBITDA.
Net revenue increased 43% to $168 million.
Gross profit increased 46% to $51 million.
Achieved $55 million in cost-saving synergies on a run-rate basis.
Maintained #1 market share in Canada.
Tilray
Tilray
Tilray Revenue by Segment
Forward Guidance
Tilray is on track for at least $80 million in cost-savings from Aphria and Tilray business combination synergies.
Revenue & Expenses
Visualization of income flow from segment revenue to net income