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

-2.0%

Avg return

Earnings day

-4.6%

Avg return

5 days after

-0.3%

Avg return

30 days after

36%

12 / 33 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%
Q4 2025+1.4%-17.4%+98.6%
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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