NASDAQ$TLRY

Tilray Brands Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Tilray reported a net revenue increase of 43% and gross profit increase of 46%, marking the tenth consecutive quarter of positive adjusted EBITDA.

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.

Headline financials

Total Revenue

$168M

No prior period
EPS (adj)

-$0.13

No prior period
Adjusted EBITDA

$12.7M

No prior period
Free Cash Flow

-$41.6M

No prior period
Net Income

-$41.6M

No prior period
Operating Income

-$68.5M

No prior period
Gross Profit

$51M

No prior period
Cash & Equivalents

$376M

No prior period
Total Assets

$5.99B

No prior period
Stock-Based Comp

$4.07M

No prior period

Revenue & EPS history

Tilray · Revenue · Quarterly

$168M

Q1 2022
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Tilray · $168M total across 4 segments · Q1 2022

  • Cannabis
    $70.4M
  • Distribution
    $67.2M
  • Beverage
    $15.5M
  • Wellness
    $14.9M

Forward guidance

Tilray is on track for at least $80 million in cost-savings from Aphria and Tilray business combination synergies.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-2.1%

Avg return

Earnings day

-4.2%

Avg return

5 days after

-3.5%

Avg return

30 days after

34%

11 / 32 earnings

Positive

+27.4%

Q4 2023

Best reaction

-22.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-2.9%-9.2%
Q2 2026+0.2%+8.4%-17.0%
Q1 2026+21.2%-7.0%-27.9%
Q3 2025-21.2%-15.5%-24.1%
Q2 2025-13.9%-13.9%-27.0%
Q1 2025+0.0%-3.7%-8.6%
Q4 2024+9.8%+1.6%-7.1%
Q3 2024-22.0%-29.7%-23.6%
Q2 2024-14.5%-20.1%-19.2%
Q1 2024-5.4%-9.4%-14.3%
Q4 2023+27.4%+50.6%+39.3%
Q3 2023-3.1%-8.8%+5.8%
Q2 2023-5.4%+7.5%+2.7%
Q1 2023-21.3%-21.0%-2.3%
Q4 2022+12.0%+19.6%+17.5%
Q3 2022-7.8%-9.4%-32.6%
Q2 2022+15.0%+6.9%+7.8%
Q1 2022-2.8%-4.7%-0.8%
Q4 2021+21.1%+14.8%+5.4%
Q3 2021+1.4%+0.1%-16.8%
Q4 2020-21.7%-24.1%-26.8%
Q2 2021+4.3%+10.2%+109.7%
Q3 2020-13.5%-20.6%-17.8%
Q2 2020-7.1%-2.8%-24.3%
Q1 2020-4.0%-0.1%+24.6%
Q4 2019-9.8%-30.6%-59.1%
Q3 2019-4.5%-9.1%-13.6%
Q2 2019-8.1%-26.3%-28.0%
Q1 2019+5.2%-1.7%-12.4%
Q4 2018-3.7%-7.4%-30.1%
Q3 2018-9.8%-2.6%-33.4%
Q2 2018+16.3%+22.0%+145.7%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2012
Q4 2012
Q3 2011
Q2 2011

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