Tilray Brands, Inc. (TLRY)

Tilray Brands Cash Flow Statement

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
Net Income	-2,103	-2,181	-222.4	-1,443	-434.13	-336.01
Depreciation & Amortization	99.15	133.49	126.91	130.15	154.59	67.83
Stock-Based Compensation	21.37	-2.2	13.63	11.41	35.99	17.35
Other Adjustments	1,249	2,018	75.62	1,294	158.06	276.97
Change in Receivables	3.67	-17.8	-6.58	4.17	-5.84	-23.51
Changes in Inventories	-17.75	-13.56	-15.58	-12.93	-45.75	-55.21
Changes in Other Operating Activities	-11.03	-31.2	-2.51	24.02	-40.18	7.86
Operating Cash Flow	-28.45	-94.6	-30.91	7.91	-177.26	-44.72
Capital Expenditures	-39.96	-32.92	-29.25	-20.8	-34.06	-38.87
Sale of Property, Plant & Equipment	6.62	6.82	8.51	4.3	12.21	6.61
Purchases of Intangible Assets	-1.5	-	-	-	-	-
Purchases of Investments	-1.8	-	-	-	-	-
Proceeds from Sale of Investments	17.7	-2.52	209.72	-241.9	-	8.43
Payments for Business Acquisitions	0.15	-18.11	-60.63	-26.72	0.33	66.61
Other Investing Activities	-	-	-	-	-	3.33
Investing Cash Flow	-20.14	-46.72	128.35	-285.11	-21.53	46.11
Short-Term Debt Issued	-9.18	-10.85	-5.35	5.26	9.41	8.33
Net Short-Term Debt Issued (Repaid)	-9.18	-10.85	-5.35	5.26	9.41	8.33
Long-Term Debt Issued	-	3.45	54.17	146.34	-	102.8
Long-Term Debt Repaid	-11.99	-15.84	-129.73	-208.73	-128.28	-64.56
Net Long-Term Debt Issued (Repaid)	-11.99	-12.39	-75.56	-62.39	-128.28	38.24
Issuance of Common Stock	123.91	161.19	8.62	129.59	267.91	102.69
Repurchase of Common Stock	-	-	-	-1.19	-8.69	-
Net Common Stock Issued (Repurchased)	123.91	161.19	8.62	128.4	259.23	102.69
Common Dividends Paid	-	-1.54	-	-	-7.48	-23.9
Other Financing Activities	-3.17	-2.9	-2.9	-1.11	-4.67	-1.06
Financing Cash Flow	102.66	133.51	-75.19	70.16	128.2	124.31
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.93	1.14	-0.55	-2.23	-1.96	2.12
Net Cash Flow	57.01	-6.67	21.71	-209.28	-72.56	127.82
Free Cash Flow	-68.41	-127.52	-60.15	-12.89	-211.33	-83.59
FCF Margin	-8.17%	-15.53%	-7.62%	-2.06%	-33.63%	-16.29%
Free Cash Flow Per Share	-	-1.43	-0.81	-0.21	-4.39	-3.10
Levered Free Cash Flow	-2,139	-2,149	-223.73	-1,380	-518.41	-307.83
Unlevered Free Cash Flow	-2,048	-2,107	-76.49	-1,242	-566.74	-147.12

Updated Nov 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q