---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-059150"
form_type: "8-K"
ticker: "ITHUF"
cik: "0001643154"
company_name: "iANTHUS CAPITAL HOLDINGS, INC."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:55:11.079529+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# iAnthus Q1 2024 revenue $41.6M (+13% YoY); net loss narrows to $14.0M

## Summary
- Revenue of $41.6M, up 13.1% YoY and 1.7% sequentially; gross margin 41.4%.
- Gross profit $17.2M, +10.9% YoY; gross margin up 244 bps from Q4 2023.
- Net loss $14.0M ($0.00/share) improved from $18.6M loss in Q1 2023.
- Adjusted EBITDA $3.2M vs $0.9M in Q1 2023, a 255% increase.
- Sequential adjusted EBITDA growth from $2.8M in Q4 2023.

## SEC filing metadata
- accession: 0000950170-24-059150
- form_type: 8-K
- ticker: ITHUF
- cik: 0001643154
- company_name: iANTHUS CAPITAL HOLDINGS, INC.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643154/000095017024059150/0000950170-24-059150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643154/000095017024059150/ithuf-20240514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-059150
- JSON: https://secwatch.observer/filing/0000950170-24-059150.json
- Plain text: https://secwatch.observer/filing/0000950170-24-059150.txt

## Key facts
- Earnings Releases
  iANTHUS CAPITAL HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $41.6 million, net income net loss of $14.0 million, EPS net loss of less than $0.01 per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $41.6 million
  - Net income: net loss of $14.0 million
  - EPS: net loss of less than $0.01 per share
  - Result: reported results
  source text: in accordance with U.S. generally accepted accounting principles (“GAAP”). All currency is expressed in U.S. dollars. First Quarter 2024 Financial Highlights • Revenue of $41.6 million, a sequential increase of 1.7% from Q4 2023 and an increase of 13.1% from the same quarter in the prior year. • Gross profit of $17.2 million, a sequential increase of 8.1% from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643154/000095017024059150/0000950170-24-059150-index.htm

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