---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-038198"
form_type: "8-K"
ticker: "ITHUF"
cik: "0001643154"
company_name: "iANTHUS CAPITAL HOLDINGS, INC."
filed_at: "2024-03-29T23:59:59+00:00"
generated_at: "2026-06-04T05:22:26.837360+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# iAnthus FY2023 revenue $159.2M, down 2.4%; net loss narrows to $76.6M

## Summary
- Revenue $159.2M (down 2.4% YoY); gross margin 39.7% (down 590bps from 45.6%).
- Net loss $76.6M ($0.01/share) vs $449.4M ($0.13/share) prior year; improvement due to lack of large impairment.
- Adjusted EBITDA $8.3M, nearly flat vs $8.4M in prior year.
- Q4 2023 revenue $40.9M (+8.8% YoY, -4.7% sequentially); Q4 adjusted EBITDA $2.8M vs $3.5M prior year.

## SEC filing metadata
- accession: 0000950170-24-038198
- form_type: 8-K
- ticker: ITHUF
- cik: 0001643154
- company_name: iANTHUS CAPITAL HOLDINGS, INC.
- filed_at: 2024-03-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643154/000095017024038198/0000950170-24-038198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643154/000095017024038198/ithuf-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-038198
- JSON: https://secwatch.observer/filing/0000950170-24-038198.json
- Plain text: https://secwatch.observer/filing/0000950170-24-038198.txt

## Key facts
- Earnings Releases
  iANTHUS CAPITAL HOLDINGS, INC. reported fiscal fourth quarter ended December 31, 2023 results: revenue $40.9 million, net income $18.7 million, EPS less than $0.01 per share.
  - Period: fiscal fourth quarter ended December 31, 2023
  - Revenue: $40.9 million
  - Net income: $18.7 million
  - EPS: less than $0.01 per share
  - Result: reported results
  source text: Fourth Quarter 2023 Financial Highlights • Revenue of $40.9 million, a sequential decrease of 4.7% from Q3 2023 and an increase of 8.8% from the same quarter in the prior year. • Gross profit of $15.9 million, a sequential increase of 19.3% from Q3 2023 and a decrease of 1.1% from the same quarter in the prior year. • Gross margin of 38.9%, reflecting a sequential increase of 782bps when compared to Q3 2023 and a decrease of 389bps from the same quarter in the prior year. • Net loss of $18.7 million, or a net loss of less than $0.01 per share, compared to a net loss of $19.2 million, or a net loss of less than $0.01 per share in Q3 2023, and compared to a net loss of $43.7 million, or a net loss of $0.01 per share, in the same quarter in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643154/000095017024038198/0000950170-24-038198-index.htm
- Earnings Releases
  iANTHUS CAPITAL HOLDINGS, INC. reported fiscal year ended December 31, 2023 results: revenue $159.2 million, net income $76.6 million, EPS $0.01 per share.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $159.2 million
  - Net income: $76.6 million
  - EPS: $0.01 per share
  - Result: reported results
  source text: 2023 Financial Highlights • Revenue of $159.2 million, down 2.4% from the prior year. • Gross profit of $63.2 million, down 15.1% from the prior year. • Gross margin of 39.7%, reflecting a decrease of 5.9% from the prior year. • Net loss of $76.6 million, or a net loss of $0.01 per share, compared to a net loss of $449.4 million, or a net loss of $0.13 per share, in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643154/000095017024038198/0000950170-24-038198-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.