Tilray Brands, Inc. (SWX:2HQ)

Tilray Brands Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Cash & Equivalents	246.7	221.67	228.34	206.63	415.91	488.47
Short-Term Investments	44.85	34.7	32.18	241.9	-	-
Cash & Short-Term Investments	291.55	256.36	260.52	448.53	415.91	488.47
Cash Growth	15.58%	-1.60%	-41.92%	7.84%	-14.85%	35.44%
Accounts Receivable	109.07	121.49	101.7	86.23	95.28	87.31
Receivables	109.07	121.49	101.7	86.23	95.28	89.79
Inventory	283.2	270.88	252.09	200.55	245.53	256.43
Prepaid Expenses	41.5	34.09	31.33	37.72	46.79	48.92
Other Current Assets	4	5.8	32.07	-	-	-
Total Current Assets	729.32	688.63	677.71	773.03	803.5	883.61
Property, Plant & Equipment	569.9	590.71	574.35	435.61	600.5	668.97
Long-Term Investments	13.39	10.13	7.86	12.37	15	25.79
Goodwill	752.35	752.35	2,009	2,009	2,641	2,833
Other Intangible Assets	21.74	21.42	915.47	973.79	1,278	1,606
Other Long-Term Assets	11.9	11.08	5.4	0.22	0.31	8.29
Total Assets	2,099	2,074	4,222	4,307	5,450	6,025
Accounts Payable	226.42	107.35	105.39	70.82	68.6	57.71
Accrued Expenses	-	115.49	108.1	79.93	82.68	140.34
Short-Term Debt	8.57	7.18	18.03	23.38	18.12	8.72
Current Portion of Long-Term Debt	16.89	14.77	15.84	198.46	67.82	36.62
Current Portion of Leases	7.44	6.94	5.09	2.42	6.7	4.26
Current Income Taxes Payable	-	0.06	4.09	14.93	6.15	14.76
Other Current Liabilities	-	28.52	42.63	43.04	30.26	138.83
Total Current Liabilities	259.32	280.3	299.17	432.98	280.34	401.24
Long-Term Debt	224.99	234.92	287.94	357.93	519.83	835.11
Long-Term Leases	61.74	64.93	60.42	7.94	11.33	53.95
Long-Term Deferred Tax Liabilities	5.62	3.75	130.87	167.36	196.64	265.85
Other Long-Term Liabilities	0.42	0.86	0.09	11.1	0.19	3.91
Total Liabilities	552.09	584.75	778.49	977.32	1,008	1,560
Common Stock	0.12	0.11	0.08	0.07	0.05	0.05
Additional Paid-In Capital	6,511	6,402	6,147	5,778	5,382	4,792
Retained Earnings	-4,892	-4,847	-2,660	-2,416	-962.85	-486.05
Comprehensive Income & Other	-39.29	-43.06	-43.5	-46.61	-20.76	152.67
Total Common Equity	1,580	1,511	3,443	3,316	4,399	4,459
Minority Interest	-33.32	-21.9	0.27	14.25	42.56	6.24
Shareholders' Equity	1,547	1,490	3,443	3,330	4,441	4,465
Total Liabilities & Equity	2,099	2,074	4,222	4,307	5,450	6,025
Total Debt	319.63	328.74	387.32	590.13	623.81	938.66
Net Cash (Debt)	-28.08	-72.37	-126.8	-141.6	-207.9	-450.19
Net Cash Per Share	-0.28	-0.81	-1.71	-2.29	-4.32	-16.70
Filing Date Shares Outstanding	106.07	109.85	84.3	70.33	53.64	44.92
Total Common Shares Outstanding	106.07	105.87	83.19	65.67	53.27	44.64
Working Capital	470	408.32	378.54	340.05	523.16	482.37
Book Value Per Share	14.89	14.28	41.38	50.49	82.58	99.88
Tangible Book Value	805.74	737.7	518.55	333.06	479.63	20.36
Tangible Book Value Per Share	7.60	6.97	6.23	5.07	9.00	0.46
Land	-	44.53	45.58	30.64	31.88	28.55
Machinery	-	280.59	258.53	185.42	254.49	215.41
Construction In Progress	-	11.24	10.71	8.05	7.51	85.32
Leasehold Improvements	-	20.42	19.38	7.75	7.46	17.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.