Tilray Brands, Inc. (TLRY)

Tilray Brands Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	821.31	788.94	627.12	628.37	513.09
Revenue Growth (YoY)	4.10%	25.80%	-0.20%	22.47%	26.59%
Cost of Revenue	579.13	553.36	475.68	509.34	389.07
Gross Profit	242.18	235.58	151.44	119.03	124.02
Selling, General & Admin	260.41	246.52	230.94	232.69	155.69
Research & Development	0.28	0.64	0.68	1.52	0.83
Operating Expenses	349.31	331.91	325.11	349.4	191.74
Operating Income	-107.13	-96.33	-173.67	-230.37	-67.72
Interest Expense	-41.33	-49.26	-46.61	-39.68	-30.9
Interest & Investment Income	11.38	12.83	33.03	11.74	2.93
Currency Exchange Gain (Loss)	9.64	-4.09	-25.54	-28.38	-22.35
Other Non Operating Income (Expenses)	-9.67	-66.06	-285.51	232.79	-160.14
EBT Excluding Unusual Items	-137.12	-202.91	-498.3	-53.91	-278.19
Merger & Restructuring Charges	-40.43	-43.27	-15.34	-33.95	-61.2
Impairment of Goodwill	-1,248	-	-618.5	-182.74	-
Gain (Loss) on Sale of Investments	-5.55	-4.86	-2.19	-6.74	-2.35
Asset Writedown	-847.94	-3.06	-315.5	-195.51	-
Legal Settlements	-17.35	-8.25	0.51	-16.52	-3.25
Other Unusual Items	-5.79	13.33	-0.86	44.65	-
Pretax Income	-2,302	-249.02	-1,450	-440.67	-344.99
Income Tax Expense	-121.02	-26.62	-7.18	-6.54	-8.97
Earnings From Continuing Operations	-2,181	-222.4	-1,443	-434.13	-336.01
Minority Interest in Earnings	-5.38	-22.58	-9.66	-42.67	-31.41
Net Income	-2,187	-244.98	-1,453	-476.8	-367.42
Net Income to Common	-2,187	-244.98	-1,453	-476.8	-367.42
Shares Outstanding (Basic)	890	743	618	481	270
Shares Outstanding (Diluted)	890	743	618	481	270
Shares Change (YoY)	19.89%	20.17%	28.42%	78.53%	24.70%
EPS (Basic)	-2.46	-0.33	-2.35	-0.99	-1.36
EPS (Diluted)	-2.46	-0.33	-2.35	-0.99	-1.36
Free Cash Flow	-127.52	-60.15	-12.89	-211.33	-83.59
Free Cash Flow Per Share	-0.14	-0.08	-0.02	-0.44	-0.31
Gross Margin	29.49%	29.86%	24.15%	18.94%	24.17%
Operating Margin	-13.04%	-12.21%	-27.69%	-36.66%	-13.20%
Profit Margin	-266.25%	-31.05%	-231.64%	-75.88%	-71.61%
Free Cash Flow Margin	-15.53%	-7.63%	-2.06%	-33.63%	-16.29%
EBITDA	26.36	30.58	-43.52	-75.78	0.11
EBITDA Margin	3.21%	3.88%	-6.94%	-12.06%	0.02%
D&A For EBITDA	133.49	126.91	130.15	154.59	67.83
EBIT	-107.13	-96.33	-173.67	-230.37	-67.72
EBIT Margin	-13.04%	-12.21%	-27.69%	-36.66%	-13.20%

Updated Apr 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q